CNP 0.00% 4.0¢ cnpr group

cut the bos, page-8

  1. 2,496 Posts.
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    OK, i'll try again.
    traders laying claim to some sort of macho element via their self proclaimed BOS is both arrogant, sexist and facetious especially considering the circumstances of the trading halt in question. Why?
    unjustified arrogance because they did not claim to have BOS prior to the t/h but only once they got caught on the hop with their buying and selling...ie they got caught holding the 'hot potato' and only then said 'oh look at me and my BOS'...thus the pretentious and facetious birth of the BOS club.
    The true believers that you say have been holding on from over $1.00 never boasted about their BOS prior to or after the t/h...there was no mention of BOS by these people even after the sp had been pummelled down from $8.00 to 30c....i simply don't recall trader after trader posting about their purchase at over $1.00 and publicly boasting about this on hc and somehow claiming to have BOS.

    Yes, i do feel sorry for the poor holders from those levels but i don't think they are the ones making all the noise about their physical endowments....they are simply the long suffering shareholders hoping that GR will bring back some sanity to this mess.

    last time it went right to the wire because imho GR was pushing for an extension to 30Sept. An Australian Bank which i suspect is ANZ ( see a previous post for reasons)saw it differently. This time, he is pushing for an extension, to this time next year....he gave a very strong hint of this at his last interview with the WSJ.
    Two months was never, ever going to cut it and the more seasoned US lenders knew this and thus their initial agreement to the 30 Sept deadline.
    However, he did warn at this interview that this is not a done deal by any means and that receivership in Australia is quite brutal...a pessimist would call this a softening for what is about to befall centro.
 
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