GREY:CXSNF - Post by User
Post by
gibbonsjon Nov 04, 2015 9:58pm
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Post# 24260293
there's reason to think the bank charter will be granted
there's reason to think the bank charter will be grantedwhich makes me think the first order of business will be to raise substantial capital, issuance of bonds, pref shares and common stock. It may well be that this is what is behind the wait and see volume. Shorting accounts for only 8000 shares or 3.106% for two week volume ending Oct. Still with such low volume it would not take much tinkering for shorts to pull sp down. I'm tempted to reenter with a modest position at this price.