RE: So...Well, if there is a merger, I think we may see the equivalent value of about $3/share in a couple of months.
If not, I think there will still be a couple of months of selling pressure that will hold us back from truly breaking through......untitl there are positive earnings. Looks like anonymous did most of the selling on Friday. I will speculate that that was institutions/Simmer/GLW selling because they can take part in the PP and get a hell of a deal and keep their investment level the same. Its these same institutions that may be willing to sell their new shares again in the $2 + range, where i think we may stay for a quarter or so.
Pure speculation though.