Not disagreeing with what you say, but this is not a divvy play, 3c divvy is nothing compared to the SP movement and volume yesterday. You dont bid up something 12 cents or so to get 3c Its a corporate play. maybe to shakeout some shorters or maybe to build or enlarge a position for takeover or for a very serious short squeeze yet to come. I imagine we will see a substantial shareholder change notice very soon . If it is Solomon Lew then all the better. Can anyone advise what is SLs shareholding up until yesterday. Also will be interesting to see the change in short positions on shortman.com in a few days when its updated.
MYR Price at posting:
$1.21 Sentiment: Hold Disclosure: Held
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