GREY:MLKKF - Post by User
Comment by
jims101on Oct 04, 2008 6:29pm
217 Views
Post# 15505147
2bt, RE: low share price stops Mercator aqusition
2bt, RE: low share price stops Mercator aqusitionI certainly would be happier complaining about acquisitions and associated short attacks taking place at a $10 share price than wondering how far this downward sprial will take us. I suspect next week the hedge funds selling will diminish and with a coordinated move on interest rates (should it occur) coupled with full time operation of the printing presses we should see some stabalization down here at depression discounting share price levels..
Funny or sadly last August when the FED first took aggressive steps to stem the the credit crisis there were still aggressive buyers of the strong commodity story, now we're hoping there are enough to just stop the declines....though really at this point for those with some cash left we might as well hope share prices become even more rediculously cheap...so as to ride the elevator back up with more shares...