GREY:TWNNF - Post by User
Post by
MERC24on Aug 30, 2011 3:01pm
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Post# 18994583
Question
QuestionIf you look at a 3 month chart of TRR, in June the stock was between 3.83 and 4.20. It was not till the takeover was offered did the share price increase to 5.90+. Then if you look at the chart, it has gradually gone back down to where it was in June. If you were a technical investor, the line shows a downward trend ever since mid July.
My question is why? Why has the stock under performed given the takeover news, the gold news? Why? Trying to understand this but cannot.