GREY:FTPLF - Post by User
Post by
Nighthawk40on Apr 01, 2010 11:39am
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Post# 16948958
Crashing The Party!!!
Crashing The Party!!!A block of 129,600 shares were purchased today at 10:31 am for $20.00 a share.
When an institutional buyer / investor pays $2,592,000, it won't be long until others follow. (Approx. 2.5 % of the remaining available shares were purchased)
Pity, I was enjoying buying this stock at $17.00 to $18.00 dollars.
At this pace, it won't be long before the remaining shares are purchased by institutions.
That means investors will ultimately be paying a premium for this stock.
The demand vs the available supply tide is starting to shift.
Hold on, its going to be quite a ride.
Welcome aboard!
Nighthawk40