Very suprised that Talbots have paid such a premium for their holdings. Didnt they buy in the bulk of their stock at $1.50...
The SP looks set to decline further going by the chart, perhaps even down to fill the gap at 40cps in the long term. Remember INP did announce a huge discovery at Juniper years ago and the SP spiked bigtime only to retrace back to all time lows.
Non producers have a habit of this kind of price action. Look at GDN as an example! What is strange is for people like Talbots to be stung. I will watch this unfold with great interest.
Very suprised that Talbots have paid such a premium for their...
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