why are the big holders not buying in the high 60's
It appears the heavy hitters (buyer's) are not comming to bat considering the bright prospects.... Why not? It's the $64,000 question? hummmm. Is rayjay right that no one will buy the story until the deal is announced? , I hope so considering the poor performance.
bc they were all fooled already and do not trusts them anymore. IOC will be hammered to less than $40 by this time next month. they will not announce anything but an extension of the so called '60 day time frame' that means squat. Wayne never would address this issue on the phone He did not sound too happy either. Next news will be a statement, " we are very excited about our large deal with a top leader in the world and it is the biggest that IOC has ever been involved with. We are very pleased that this deal will give shareholder value" Mark this post and learn Grasshopper.. it will be this way. Next news - by this Friday will be bad! Extension of deal, since it is so good they need more time to give us all value!! What a bunch of BS.
That answer is a little too pat, ed. Does Goldman Sachs own 88%; does George Soros own 88% of the float?. His question is a valid one. Truth is, if this were a sure thing, we would not be at 68. We assume some risk, but we believe there is upside. We keep saying to ourselves: but it SHOULD be worth more. Hope the market sees it before we follow in bink's footsteps.