T/a since relist, page-4

stag, typical sophisticated investor behavior, terry. they've made 100% in a week.
probably on margin loan whatever.
regardless there are several posts on here re selling for 40/50cents to free carry [you know free carry, terry? sell half at 100% so you get your capital out?]
Anyway Terry it's arbitrage, sophistos speccie short term trading. The Patterson Pool is renowned for it.
A percentage of the 24 million shares in the recent Patterson's float went into such hands to be distributed into Long Termers ie those who'll have to wait longer than a week to get 100%

cheers