Since CFSG management decided to buy back 10 M of their share, all their buying activities will occur pre-market.
And since next week the buy back is scheduled to start, my guess would be couple hundred thousand shares at a time. This means that CFSG will open in the high $8 to settle in the teens by end of next week with an average daily volume of 1.5-2 Millions. Taking a guess, it will close Thursday March 20 around $15-$17 range.
This is AN EXCELLENT OPPORTUNITY to double down in a SHORT PERIOD of time.
Time will tell…………….
Pre Market Activities
03/15/08 at 10:31am by Roy FerneiniSince CFSG management decided to buy back 10 M of their share, all their buying activities will occur pre-market. And since next week the buy back is scheduled to start, my guess would be couple hundred thousand shares at a time. This means that CFSG will open in the high $8 to settle in the teens by end of next week with an average daily volume of 1.5-2 Millions. Taking a guess, it will close Thursday March 20 around $15-$17 range. This is AN EXCELLENT OPPORTUNITY to double down in a SHORT PERIOD of time. Time will tell…………….