GREY:GPLDF - Post by User
Post by
foshizzleon Oct 28, 2009 1:34pm
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Post# 16431719
PP
PPI wonder how much influence the participants of the upcoming PP could have on the market price? I'm willing to bet they're already large GPR stockholders and/or the brokers advising them. I would seem pretty easy to me to throw a little excess out on the sell side to drive the price down - especially given the added uncertainty of the unpriced deal. Then you you get it all back and more through the cheap PP and free warrants - don't forget we probably also pay real cash for this 'service' of selling the offering.
I'm sure we can depend on market regulators to ensure the integrity of arrangements like this. LOL.
On the bright side... if you look back at the last PP the price was somewhere around the low of 20 cents. I'll predict a quick turn around after the deal is done, then we can all sit back and wonder why it happened the way it did.