GREY:MERMF - Post by User
Post by
millionvesteron Oct 13, 2010 3:53pm
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Post# 17560352
My thought is...
My thought is...The drill results are good, got leaked.
There was way too much volume today, and if MER went and announced the results there would probably be an insider investigation, because almost 70% in one day at it's peak is alot of climbing on no news.
With that said, they will probably delay the results a week and let the stock level back down. People will take their profits, and then we can all re-position ourselves before the killing.
Mind you I have a very creative imagination and this is only my opinion, but I can't see them stalling the news today, and releasing it by tomorrow... That would only cause drama.
Likewise, they have been saying they'll be releasing the results mid-October. Over-speculation? I was not expecting a run like today... and hope I won't regret selling off my position at 50 cents.
-Millionvester