GREY:SXRZF - Post by User
Comment by
PUNJABIon May 15, 2012 4:13pm
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Post# 19912281
RE: RE: Too many 52 week lows
RE: RE: Too many 52 week lows UUU had one large buyer who had iceberg bid at $2.54 all day. It was UBS. About 40 minutes before the close he did not renew its bid & the stock drifted a bit lower & closed at $2.51.
If UBS was not buying today UUU may have been a bit lower. Merrill Lynch, Anonymous & J.P. Morgan sold the pop in the morning.
Considering what happened in the markets today. UUU did alright. PDN hit a low of $1.13 about a month ago it was trading over $2.00 what a destruction of value for shareholders. CCO at one time dipped below $20 but closed at $20.04 down $1.10