Cigary it's one big buy, I don't care about SKE I'm not invested either way. This could be a relief rally or something permanent and for your sake I hope it's permanent. But I said at $1.35 it the midst of the last relief rally that the shorters would come back and they did and it fell to $1.04. The margins are a question that need to be answered , you cant tell me that with all the pressure in the O & G area that Skilled haven't had some fallout. The share price wouldn't be where it is if the majority of buyers thought the margins were the same as before as it would represent to much value. When markets and commodities fall the shorters will be back until the company comes clean. BTW when Babcock and Brown come back the 2nd time I saw investors buying parcels of 3 , 4 and 5 million shares . Most of them went on to lose the lot. That won't happen here but big buys don't mean much in my world.
SKE Price at posting:
$1.21 Sentiment: None Disclosure: Not Held
