GREY:ROAOF - Post by User
Post by
sumdimon Nov 19, 2008 1:23pm
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Post# 15596040
my 2 cents worth
my 2 cents worthI have been in this position before and the results are consistent. Most notably IS.UN recently. Stock traded up all day and doubled by the end of the day. I sold about all about 20percent into the move. No news. Well after the market closed they announced a buyout. I call that insider knowledge but nobody really monitors it.
I am relatively new to OIL but the last 3, 4 or 5 days trading was telling you something. Persistent declines, persistent high volume.
Somebody knows what the halt is about and it is highly unlikely it is good news. (Please let me be wrong this time).
Lets just hope it is not a death knoll.