GREY:CLLZF - Post by User
Post by
coughlcon May 19, 2009 6:55pm
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Post# 16002180
I did state that institutions were reducing their
I did state that institutions were reducing theirI was watching as they reduced their holdings, now we know why. They will drive the price down once again to maximize the dilution.
My guess is that CLL will have a drop of a few cents here and there to get retailers to hold on to their shares till they cannot stomach the losses and capitulate. Ultimately, the institutions want to maximize their percentage owned.
Let's see if I am right.