GREY:EORBF - Post by User
Comment by
Sunflyer11on Feb 24, 2012 7:48pm
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Post# 19583584
REALITIES--Trading feb 23
REALITIES--Trading feb 23 Certainly we all knew of the problems with the pea and i informed the board of hodgins comments--but we went from 3.30 to 2.60 before we found out .
However, we were all lead to believe this would be resolved on feb. 24th. On the 22nd we got the anticipated move up to 2.41 and in the last hour a drop to 2.32. Before the open, we had sells at 2.20--thus in the space of one hour trading a drop of about 9-10% before the much anticipated news, followed by the halt.
Is it not reasonable to assume that some traders had knowledge that ort would not have a pea?