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Noront says under Company Profile ... "It has a well-funded and aggressive plan for 2010". I wonder what does it have for 2011.
Notmine
Keegan, you mention in your post "and then they mention that the bod of spq has now sided with them".
Actually what I read into the memo is that there are certain conditions that must be met prior to the offer taking effect, and one of them is that Spider's Directors and Officers tender their shares to Cliffs and vote against the merger. I don't see them saying that the BOD has actually sided with them.
If I am mistaken, maybe somebody will correct me.
Thanks,
Notmine
I think more than somebody big is scooping up cheap shares. I was lucky this afternoon to scoop up some at $1.53.
I feel it in my bones that something big is about to happen. But then again, I have had the same feeling since Sept. 2007.
Good Luck to all
Notmine
Sorry Sum, I gave you thumbs up not because I don't like your posts (you are one in my list of favorite posters I never fail to read), but to give you my support. Sorry about that, so please deduct one thumb for my mistake.
Notmine
P.S. I am sure there were other posters here that made the same mistake.
Even though todays volume was 7 times the short position, could it not be they first had to bring the price down before shorts could sell and make a profit?
Notmine
Just trying out my new avatar... how do you all like it?
-Notmine