RE:hard to believe.....Volume is hard to believe also - FCU used to have an average of 1,000,000 traded share per day.
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bull_man wrote: that we traded as high as $1.70 earlier in the year, giving us a market cap at approx. $650M, with a lot less proved up and spot at $28/lb; that means the market at that time was expecting at the very least a buyout of approx. $850M, or around 30% premium (approx. $2.10/share); now we sit at 90 cents (mind boggling); you know what they say "the market knows"; in this case, i hope they don't.