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To: ogi who wrote (61321)9/23/2008 2:30:58 PM
From: newfoundland1  Read Replies (1) | Respond to of 78439
 
There is a GATA article on the strange price surges and difference in US and Canadian prices that occurred late on Friday. CEF was one of those highlighted in this article.

Having read how easy it was for institutions to both short and buy puts on the same stocks to take down their prices with the likelihood of rebuying cheaper, I am probably getting too cynical.

But how about
a) surge the price of CEF late Friday to a level where a slashing (via new share issue) is likely.
b) Monday is likely to be a good day.
c) Short/sell all you can on the Monday. Unlike the GG's, GOLD's even ABX's etc CEF hardly rose from its initial opening,so a likely major distribution going on between those who know what is going to happen and those that don't. I joined the latter at around 3.45pm !!

d)Monday 4.01pm - success and a 12% cut for the cognoscenti.