GREY:GULSF - Post by User
Comment by
BlindBoyon Apr 12, 2004 11:51pm
208 Views
Post# 7346181
RE: RUN
RE: RUNriggypiggy: "Away, very fast. down .14 tomorrow."
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Your scenario is a possibility, given the market's distaste for delays, if this play is truly the main impetus for GUL's recent trading flurry.
But if indeed this is the scenario that plays out, it would probably open with a lack of bids and a gap down, so the opportunity to run would be non-existent.
So all we can do is wait for tomorrow and see what actually does unfold.
btw - wonder how the Merrill Lynch client who got market filled with those hundreds of thousands of shares of CEX at 0.65 (when it was being bid at 0.58) feels about all this . . .