you would certainly think so. I believe alot of people are being forced to sell to cover margin loans etc and MCC is probably the only green stock currently in peoples portfolios (if they look anything like mine!)
Perhaps only risk I see is if mkt conditions cause Peobody to reconsider takeover (not sure how they are fairing up in turmoil)- and that could also be giving people reason to sell
However on the other hand Peabody could be laughing all the way to the bank buying all this stock well below their offer
Certainly uncertain times - bloody arrogant yanks
MCC Price at posting:
$14.31 Sentiment: Hold Disclosure: Held
