GREY:HRIVF - Post by User
Comment by
Olderwisernowon Nov 07, 2008 3:05pm
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Post# 15573120
RE: Tell me there was not some insider trading!
RE: Tell me there was not some insider trading!This was one of the classic news releases from High River. Notice they have not commented on the decline of late, which far exceeds the previous declines in percentage terms it seems. All in all just 98% decline from the top. As for buying now, certainly you can look at big gains percentage wise if it goes up, but the same applies the other way, if it drops. Somebody is buying, some right here, but note, somebody is also selling at these prices, so ask why they are so dumb, or are they???? I do not know. Do any of you for sure, or is it just a crap shoot, as it appears. I do think that the upside is greater than the downside story, but not by much, as I see it. In other words, does a deal get done, and if so, yes it should go up. But it could just sink to zero and go broke.