RE:WHY?????????cbs1231 wrote: does CCB SP tank with News all the time and always LOL:))
Well as much as everyone likes to postulate ideas (most of them poor an uninformed on this board) I would like to venture an opinion.
Pinetree, while no longer listed as an insider was a large warrant holder. It was around this time last year that they liquidated their position (and helped depress the SP at the same time). I have a sneaking suspicion that they have been excercising their warrants and immediately selling them. I'm not particulary surprised considering their last quarters financials (0.02 EPS for those wondering) so they may just be looking to lock in profits wherever they can and increase cash to service their current debenture offering.
My 2 cents, I'm no expert in these matters and know little in the ways of finance...