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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: GVTucker who wrote (96809)2/14/2008 3:51:03 PM
From: carl a. mehr  Read Replies (1) | Respond to of 206325
 
I think that it must have been a financing deal as I found this on Yahoo:

56 million PIPE shares out of the lock-up today and available for sale. Most have a much higher cost basis than current price but there will be some get-me-out-at-any-price sellers. When those are absorbed (and volumes this past week have been way above normal) LINE will start to move higher.

A fully hedged energy producer yielding close to 13% can't stay down here for long.

So my question is: What did those guys pay?...carlmehr