THE REASON WHY THIS RALLY IS FAR DIFFERENT THAN THE OTHER TIMES WHEN WE WENT FROM .09 TO .14 AND BACK TO .09 AGAIN "HEDGE FUND BUYING" AS WE NEVER EVER HAD ANY TYPE OF BUYING OF THIS CALIBER. AND THERE ARE SEVERAL OTHER REASONS WHY THIS IS VERY DIFFERENT:
1. WE NOW HAVE EARNINGS THAT POSTED IN Q3 AND IT APPEARS THE SAME FOR Q4.
2. WE ALSO HAVE A 4M L.O.C. THAT WORKS ITSELF OUT TO BE 8.75% VERY FAVORABLE RATE
SO YES IT IS TRUE THAT WE WENT FROM .09 TO .14 AND BACK TO .09 SEVERAL TIMES. HOWEVER 3 THINGS ARE DRASTICALLY DIFFERENT. 1. HEDGE FUND BUYING 2. PROFITABLE QUARTERS 3. LOC OF 8.75%
IT IS VERY UNLIKELY THAT THE PAATERN OF .09 TO .14 WILL HAPPEN THIS TIME. CAN I BE WRONG???? YES OF COURSE NO ASSURANCES OR GUARANTEES IN THIS BUSINESS. HOWEVER IT SEEMS VERY UNLIKELY.
1. WE NOW HAVE EARNINGS THAT POSTED IN Q3 AND IT APPEARS THE SAME FOR Q4.
2. WE ALSO HAVE A 4M L.O.C. THAT WORKS ITSELF OUT TO BE 8.75% VERY FAVORABLE RATE
SO YES IT IS TRUE THAT WE WENT FROM .09 TO .14 AND BACK TO .09 SEVERAL TIMES. HOWEVER 3 THINGS ARE DRASTICALLY DIFFERENT. 1. HEDGE FUND BUYING 2. PROFITABLE QUARTERS 3. LOC OF 8.75%
IT IS VERY UNLIKELY THAT THE PAATERN OF .09 TO .14 WILL HAPPEN THIS TIME. CAN I BE WRONG???? YES OF COURSE NO ASSURANCES OR GUARANTEES IN THIS BUSINESS. HOWEVER IT SEEMS VERY UNLIKELY.