Re: palysone, I've been watching live level 2....Joda,
posted on
Mar 05, 2008 07:34AM
Could it be that S&L have X# of shares that they need to sell per day in order to be out by April 9th (or X date)? If that is the case, then I can see how S&L would lower their selling price during the trading day in order to get some action. Some of the longs remember how the trades went during the repricing of the warrants--you could get some very cheap shares in those days! Which brings me to this point: today's price of .38 may be like the days of repricing the warrants b/c, when S&L are completely out of shares, the price per share should go up as the selling pressure would be gone. I only hope that we can soon look back on this time and say to ourselves--"I should have bought more while they were selling" GL, ads