OTCQX:PALAF - Post by User
Post by
joeking09on Jul 17, 2007 9:06pm
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Post# 13105350
deception
deceptionjim cramer confessions of a hedge fund manager, anytime we wanted a stock to move we would drop a line to the press and let them run with it. no major company considered to be the acquirer can acknowledge a takeover rumour without setting a precedent and having to answer every rumour not to mention the lawsuits it would leave itself open to. SO the real question is why did the fund mngr call the press or who told the press to phone the fund mngr? does it really make sense for cco to spend 6 billion+ for a co. in africa when it's sandbox is sask., force de majeur, maybe for other more aggressive co's it makes sense.10+ after Queensland