GREY:SXRZF - Post by User
Comment by
PeterPiperon Dec 06, 2010 6:36pm
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Post# 17808776
RE: RE: RE: RE: RE: Wednesday drop
RE: RE: RE: RE: RE: Wednesday dropI stock price will drop Wednesday because no one will be buying. That is, nobody but shorts who haven't covered, but they will want (and make?) the pps drop first.
You are right that the fundamentals are still that this is a $5 stock, or more, without the dividend. So, if it drops a lot then it will recover after the dust settles. But Wednesday is definitely a down day, the only unknown is by how much.
Piper