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Re: Somebody doesn't like the deal. Posted by NCCaniac [Email] (#352) [Profile/Gallery] (more from NCCaniac) on Thu, 20 Oct 2011 09:08:26 In Reply to: Somebody doesn't like the deal., John Myers, Thu, 20 Oct 2011 08:42:14 Members do not see ads below this line. - Help Keep This Site Online - Signup |
I think the bigger drop is due to the news that the court appointed administrator for the reorganization process, Guy Lofalk, has just today petitioned to have the reorganization process terminated. Saab is appealing that and asking the court that Mr. Lofalk be replaced so the reorganization can continue.
Uncertainty will always drive down the stock price.
_______________________________________ 1971 Sonett III (since 2010) 2000 9-3 5-door (since new) 2008 9-5 2.3T SportCombi (since 2014)
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