GREY:CUDBF - Post by User
Post by
hedgeron Jun 14, 2012 8:45pm
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Post# 20016269
a question for Poise? re POP?
a question for Poise? re POP? re Trafina.....seems they had nowhere to go and could not even sell a shell? junior financing is not going to get any easier, these companies better show some signs of success or we will see more of this kind of closure. i have a couple close to it for sure in other sectors.
re POP, would you be a buyer at this point in the low 20's? see volume is picking up finally and i do believe we will get back to 50% of the last financing without too much problem. looking for a lot more than that myself but having a hard time deciding to add "new" money into this one. maybe even alpha is buying to average?
at this point i am even thinking that J. Que is right, greece, italy, spain, portugal, ireland, iceland and others are going to be a problem right down to this level of the market. this next NR is going to be a make or break for POP?