I think my estimate is a little high but they did have over 80million so a quarter gone at a loss of $50m to $100m with still 60m to sell and thats $250m at present and if price goes to $7.60 thats half a billion and at $10 plus thats getting to 1 billion thats insane, but i believe they will cut there losses by that time. Still hate to be the broker telling his boss we could lose a quarter, half or the whole billion in the next 24 months very nasty . The good side is this isn't going down anytime soon and with another cracker report coming up soon more pain for the shorts and as I have a free trade now I won't be selling for a long time which is more pain for the shorters.
GMD Price at posting:
$4.52 Sentiment: Hold Disclosure: Held
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