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Technology Stocks : Blank Check IPOs (SPACS) -- Ignore unavailable to you. Want to Upgrade?


To: Saul Feinberg Jr. who wrote (1074)6/28/2007 10:22:06 AM
From: RockyBalboa  Read Replies (1) | Respond to of 3862
 
I believe that this really happened. I saw it in CBAS and TACA

read from here and the replies.
Message 22872636

The CBAS wts traded as low as $0.08 even before the vote!

Message 22943182

In the cases which have been voted down, the warrants fell from 30-40 cents to 12 cents well in advance.

Message 23138222

" It is obvious that the hedge fund managers have been talking to each other prior to the shareholder meetings. They know the results in advance. The huge discounts in the warrants (for those deals that have cratered) leading up to the meetings have been telegraphing the results before the actual votes have been added up and announced. It is nice to have friends. "