They would buy 10,000,000 share in todays market at 1.75 and turn around and sell them at the 2.05 contract price. They have about 80 million in cash to do that. Maybe they will. It would give them a 3 million profit real quick.
Avoid this stock.Put in the symbol HL and find out why it isn't going higher anytime soon: http://b3po.net/2601Btw, they even talk about the next Microsoft.
why would anyone buy it @ 2.05 if they could buy it right now on the open market @ 1.76 ????
you ask...why would anyone buy it @ 2.05 if they could buy it right now on the open market @ 1.76 ???? Because you cannot buy 10 mln shares in open market without the price going much higher. They will love the $2.05 price once the panic is over.