Heres my opinion about share price. Seems like a fairly obvious scenario. GBG need money, they sell a cheap 200 million or so shares to sophisticated investors, they then manipulate SP until they flog off their 200 million for 20 percent gain all within 2 months or so. Easy money then gets pumped back into blue chip shares or some other company that uses "sophisticated investors". Meanwhile us unsophisticated investors sit and watch our investment dwindle away. Winners = "sophisticated investors". The title really makes sense.
GBG Price at posting:
27.5¢ Sentiment: None Disclosure: Held
