RE: ExtensionThe thing though is you never know where money is going to come from lebac. My time has shown me that there are so many surprises in this game and you never really know what is going on behind the scenes.
BNT could have something in the works. My guess is no, but I can't say that I really doing more than guessing. Heck, on a couple of times I have sold my entire holdings in a stock cause it was just looking like crap and it was the ploy used to get me out so they could buy em cheap before buying out the company at a huge premium.
I guess what I am saying is you just gotta look for value, do your DD, and then trade it well. I did two parts well here, but not the third.
I think ggrellette is right as usual about the share price after Joe is gone. I don't think we will have a time line that severe though. 5 million shares have been moved in the last short while, I can't see why it would take a full year to get the other 5 million gone, but one thing I have learned is never take what ggrellette says lightly.
One of the guys I listen to hard on these boards. Not hard enough though or I would have made a mint on the copper fox.
Final thought: not a good stock price day, but we are still holding an uptrend line and if you can still draw the line up, then this is still a retrace on an up move. Until the trendline is broken, reason to be positive here.
Certainly, the macro story remains amazing.