I used to get hammered on the IGR forums for suggesting that the IGR selling was more purposeful than the run of the mill market forces. I would suggest that most ex IGR holders now think that the selling prior to the takeover was not just a coincidence.
So what? Well in my opinion this selling is of the same ilk. I don't know what the driver is. It could be anything from shorting (doubt it) to takeover but in my opinion this is orchestrated.
OK. This is where the collective geniuses weigh in and start using meaningless ball words such as "Mr Market".
SLR Price at posting:
$2.44 Sentiment: None Disclosure: Held