The T/O ended at 7:00 on Friday. Patricks now has 62% plus, Branson about 25% and Godfrey about 3%. That leaves a free float of less than 10%. With oil-price induced the profit downgrade and the lack of liquidity its time for the crash - $1.00 - 1.20 perhaps?
God help anyone holding on a margin loan. With the loss of liquidity, lending ratios will drop from 60-70% to ZERO. Margin calls aplenty!
The T/O ended at 7:00 on Friday. Patricks now has 62% plus,...
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