SUN 0.44% $18.09 suncorp group limited

price after raising-read below, page-19

  1. 10,611 Posts.
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    Intersting, Instos get these at $4.50, up until their shares can be sold onto the market folks may want to trade it sideways but lets say she is at $ 5 at the time and you were an insto. what would you do if you were staring at about 10 % immediate gain ($ diff from $ 4.5 to about $ 5.0) > You would sell immediatley would u not ? So everyone else has also figured this out. Now if u could laso pump it up and short here how good would that be ? U get a double wammy ! Man I am out - sorry I will keep my powdered nose dry as I do not beleive in the current interest in the stock. I will wait until things have settled after the insto play. who knows meebbe I can get some cheaper than the $4.5 offer. If not I have read this completely wrong. Does not make sense to me todays interest other than instos want to buy stock for a covered short.
 
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