A whiff of takeout; RBY?
Keep in touch with the volumes and then imagine... Hi on 29 Nov. 2010 was 6.34. 'Nother hi on 4 April 2011 at 5.86 then the great erosion. So the 52 week hi was @ 4.815 on 6/28/11. Many recent deals at about a 40% premium. An exceeding of an all time high cuts the lawsuits out. 40% up from yesterday's close of 3.41 = $4.77. % would be up 46.6% from 3.41 @ 5. $5 would be up only 3.8% from the 52 week high (4.815). IMO we're getting into the gobble zone on juniors. Whether they were beaten down by potential acquirers in collusion with the buy the specie & short the juniors crowd I have no clew and neither probably do the near non extant neocon police still crowding agency benches with the rather academic philosophy that the market is totally free, always right, self governing and needing of no supervision. But who knows? Heh, heh, heh.... the Shadow knows! Best to all bettors in ye crooked casino. g-9