RE:RE:RE:RE:ME & GXS
You would happily sell at 11 or 12c if you could buy a month later for 9c. There are 26m (?) Warrants expiring in January. Who ever holds them may be selling to raise the funds to be in a position to exercise those warrants. It is a safe bet for them. Even selling at 10 or 11c will make them good money because they have bought them at 5c. And they can then buy the same amount of shares they hold from the financing at 9c - the exercise price. I can see GXS price moving up quite quickly due to lower selling pressure after the warrants expiry date, AND a good resource estimate.