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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: John Koligman who wrote (4894)2/3/2009 2:48:43 PM
From: RockyBalboa  Respond to of 6370
 
SNDK management kept saying the 'bid was not reflective of SNDK's value',

Correct... SNDK management perhaps knew that the bid was way too high compared to the puny value of their stock. I think soleil or another house downgraded the stock in november to $5, or so. They likely saw the trouble ahead.