RE: RE: RE: Has to be PP"The biggest clue would be volume but that looks normal today."
I was monitoring the same. In a guess, the spike in shares on Thursday was most likely sparked and rooted in the insider trading halt where a few thought this signaled news pending (ie: like the PP). With no substantiated follow through on Friday, the best that can be concluded is that there are some itchy fingers out there. I myself thought we would see at least a speculative buying follow through as I think there is a "high probability" we get news next week. As pointed out in a recent post (ie: thanks for the "1" rating folks), past press releases support a mid-November time frame.
In a "cautionary" trader note, it should be pointed out that a number of warrants expire by year end starting December 21 and concluding on December 31. In addition, the $42 million PP reaches a 1 year holding period in December as well. How much this dampens and or serves as a overhang on positive news like a power plant license/permit is anyone's guess. Despite this, I think the "greater" stock price impact will be a "Power Purchase Agreement" that I have pegged for January, 2012.
GLTA