Saw this- "
*Energy Transfer Says Lawyers Unable To Deliver Tax Option On Merger With WIlliams Co"
I think you are implying more experience in this type of transaction than you likely have- I never heard of a seller unloading all the shares in a 2 day span-usually they feed them in in a measured way, and it is particularly an issue with such a small trading volume- ANY ACTIVITY THAT DRIVES A STOCK DOWN 18% IN A DAY IS A BIG F__ING DEAL- MAYBE YOU DON'T HAVE MUCH OF A POSITION HERE- I DO.
bjr- you are wrong on that- a 1/2 a million in stock coming out of a small cap CAN cause a huge drop- it triggers all kinds of #$%^&. And as this being to cover taxes, 1/2 a mill is alot of taxes-
My point is, he has done alot of work to build this company and grow its value- this current drop took a year of growth in the stock price off-
Has the Board of Directors done a one year chart on the stock price? Oil is down, so they should be very bust refining- but instead, they maintain the refineries so poorly that when they get a "chance of a lifetime"- they blow it-