Que and Jay, - I have never heard of one that tanked out either, but that is not to say it can't ever happen. I would think there would be so much buying pressure, (support), if the prices ever got to the level to seriously threaten the the success of the call. If push came to shove, I feel there would be some big bucks stepping to the plate during the last week of the call period. Heck, if Corky has to put $25K on his VISA card, to help ensure a successful call, I'll bet he would. I'm thinking the MMs have been given their marching orders, and would be utterly amazed, if BNGO ever saw 4 3/4.
<Off Topic>
Speaking of utterly amazing,
ORCL traded ~ 20 - 22% of the TOTAL trading volume on NASDAQ today.
Larry Ellison CEO of ORCL took a paper loss of $2.1 BILLION today,- take that Bill Gates).
ORCL's trading volume of 171,827,296 shares today, easily became the most-heavily traded security in history.
Anyone for a dead-cat bounce?
MT |
