RE:L2Raja will look like a genius if they announce a "no deal" and the stock trades down to .14/.16 which would allow them to pick off boatloads of very cheap stock. Conversely, they will look like idiots if CWC gets taken pvt by Q end, leaving more than 75% of the auth buy-back untouched. Binary sitch, not much middleground.
Dibah42 wrote: CWC ENERGY SERVICES CORP (CA: CWC)
Last: | 0.200 | | Change: | -0.005 | | Volume: | 1,000 | | Last Trade: | 09:30 |
Level ll Quote | Bid | | Ask | Price | Total Size | # of Orders | | Price | Total Size | # of Orders | $0.20 | 303 | 4 | | $0.205 | 22 | 1 | $0.19 | 110 | 2 | | $0.21 | 1 | 1 | $0.18 | 10 | 1 | | $0.22 | 39 | 5 | $0.17 | 17 | 1 | | $0.225 | 8 | 1 | $0.15 | 4 | 1 | | $0.23 | 34 | 2 | $0.14 | 6 | 1 | | $0.235 | 12 | 2 | $0.13 | 6 | 1 | | $0.24 | 66 | 4 | $0.125 | 20 | 1 | | $0.245 | 93 | 2 | $0.12 | 8 | 1 | | $0.25 | 874 | 2 | $0.10 | 8 | 1 | | $0.27 | 500 | 1 | |
151500 on the top bid .20