GoldmanS no doubt will take nearly all available stock - But maybe they have been shorting this for months. I saw something similar where GS had loaned PNA $85 million which was to be settled/paid out FEB - 200? - 8 months before this PNA share price was shorted from $1.20 down to 0.085 cents until it was rolled over with GS asking for 75 million options to do so at 0.105 cents exercise price and then another 75 million options if they can not pay out in 6 months. They made Millions $$$$ out of this company!!! Great people to deal with - no
GS most likely get 6% commision - there cost is around 0.88 cents -that I think is why MYR are at this price now.
Will not stay at this price for long -
MYR Price at posting:
88.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)