re: re:hdr 10% sold for 1.76 some one has just spent $100...

re: re:hdr 10% sold for 1.76 some one has just spent $100 million at $1.76 thinking that was cheap and it was when they closed at $ 1.91 yesterday.

its reasonable to assume that others will want to buy at that level not to mention it wont take much $ to support the price the buyers wont want to see they value erode.

And off course now hdr is in play for a take over so surely hedge funds will see value in accumulating a strategic stake if the price drops much under $1.76.

B/G must surely be interested under $1.76 /