RE:RE:RE:RE:,,,,,,,,,,,,Another CLASSIC ""DisConnect"".............Hey SARGE__Indeed possible that the Big Sell today were by those short term traders who had expected the deal to fall thru.
BUT__Since the Selling ACTUALLY STARTED last Friday (ON the ""USUAL LEAK""?)__With BOTH a SubStantial Drop in share price__and Above Average VOLUME__Causes me to CONSIDER that It Is EQUALLY POSSIBLE That this Selling ACTUALLY was being DONE by Some BIG INVESTORS who Had ACTUALLY BEEN Counting ON the DEAL Going Thru__And once the GOT WIND the Deal was DEAD__They BEGAN EXITING
I was HOPING for the DEAL to Go Thru__But NOT SELLING
Do AGREE that there Likely WOULD BE a BETTER Reception by Mr MARKET to a CHANGE
With NEW LeaderShip.
SargeX wrote: Hey BM
Totally agree and so does RBC. They put a note out saying that they were aware of a large number of short term traders who had bought in expecting the deal to fall through. They made their "quick" dough and are exiting and should be doen today or tomorrow.
I think the $11.27 low of today is the bottom and that AQN will be work its way above $12 in the next month or so.
Ciao
Sarge
bmbruce wrote: in my opinion it's down the past 2 days as the traders who had bought the shares earlier on the expectation that the KP deal would fail and who have made their profits are now selling their shares..the old idea of buy the rumour and sell on the news..