Thursday, January 15, 2009
maguire properties
some report that was probily seem by almost no one was in error.. So that must mean that the stock is worth more but the cumulative perfered that went down with it also and would get paid first is worth less... Irrational price move... I don't see it as a trend but it could be the start of more postings by the company (penny stocks do that when they are pumping but I dout they are doing that)... two days of steep declines followed by a denial as the second story...
it may be the demand is coming from people moving out of the short position where they are long the perfered...
it may be the demand is coming from people moving out of the short position where they are long the perfered...