Post by
mombasa1 on Sep 23, 2013 7:57am
Following Friday's 10% Drop...
We'll see what this week brings to the table.
The recent surge in Arcsn's share price & volume points to something going down. So I view Friday's correction as a short-covering event that won't last very long IMO.
We are into the fall season now. Summer Holidays are over. This is the time when deals get done in the oil patch and all indications are pointing to one for Arcan.
The SP behaviour this week will be telling indeed!
GLTA
Comment by
LongoGlueStick on Sep 23, 2013 6:53pm
Will Arcan get taken out at a premium to the current share price/NAV? Will we see a bidding war between Lightstream and CPG? Or is our fate a lowball offer like what TriOil/Novus Energy got? Only time will tell.