About the 7,0 % hair cut Quite evident that an hair cut was coming and many investors were chasing the stock as good investment and bought wth a premium price .
ALA has gained 36 % in a year and share price has been accelerating too fast and was still recommanded by most of the analysts community !
I'm still trying to understand the Thursday an Friday pricing before the immediate opening. On both days there were an unusual bid/ask pricing at 2, M on each side and Friday a 8,885 000 shares changing hands in 13 396 transactions.
So many have taken the last trading days to take some profits.
Noting is tellimg me that there is something bad cooking and we willl see the results of the $ 900 M Note offering at 7,2% to close about september 23
By the wy I m still following ALA action but no real interest by poor comments on the bullboard .