GREY:SWYDF - Post by User
Post by
CravenRaven101on Nov 17, 2011 10:48am
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Post# 19244851
let's not forget
let's not forgetThat the share price on SWY (pre-consolidation) was 8 cents 2 years ago or has it been 3 since I laid eyes on SWY??? ... and that what we're probably seeing is someone profit taking based on a deal to unload on this news so that a longer term investor could get a seat on the board or at the very least influence SWY's direction.
This is so obviously a play for control... IF Mgmt were really concerned for the longs they would call a board meet and adopt a shareholder rights protection plan.
In my mind it's all optics... whoever is selling into yesterday's news WILL run out of running room and the cheap shares won't be around for very much longer. folks are playing for control of a multi-billion dollar mine... to imagine ALL the dealing is above board would be naive... there's going to be some rolling in the dirt before the shovels hit the ground.
GLTA it's MY opinion git yer own.