in yesterday's time & sales around 300K were bought in blocks of 10K+, i assumed these were early institutions dip buying. the rest were smaller lots, probably traders and retailers going back and forth..
The large funds have been dumping in Q2 already. Over 13 million shares combined.
Altimeter: Sold 1 million shares in Q2 and all their remaining 5.3 million shares in July
Kylin Management: Sold their entire 1.5 million shares in Q2
Morgan Stanley: Sold 1.4 million shares in Q2
CR Intrinsic Sold all 1.3 million shares in Q2
DNB: Sold entire 830k share position in Q2
SC China Holdings aka Sequoia China: Sold 750k shares in Q2
BofA/Merril: Sold 425k shares in Q2, only 100k shares remaining at the end of Q2
Goldman: Sold 343k shares in Q2, also only around 100k shares remaining at the end of Q2
Credit Suisse: Sold 287k shares in Q2
I am not Ngbaggie, though he is smarter then you. I said I would leave until I felt I was needed again. Without me here you pumpers came out with too much new BS I felt I had to come back to protect the newbies and rookies who might be tempted to listen to your lies.
ushouldlisten2me 189 posts | Last Activity: Sep 17, 2014 11:34 AM Member since: Jul 2, 2014 ....
Wow you've been busy for two whole months ..... 189 posts , probably cheerleading your other ID's
If I held NQ I would agree I was mentally disturbed. Fortunately I did not get suckered into this POS.. You all could have got out at a lot better price if you would not been so stubborn. You get angry because you screwed up.
If they don't file by December the longs will not sell. They won't be able to because the stock will be suspended by NYSE and the company will be in bankruptcy because they will have defaulted on the debt.
I'm out of here per our bet.
In Dallas Friday... at NQ so I' still be invested but not posting here. You win fair -n- square.
if they don't file going into December, many longs might sell all of their holdings for tax purposes.....around same time financing would be lost, and many large funds would dump the stock because of a lack of financials.
Nope, just think it is funny you took advice from a msg board. Got here last week myself and been howling at your retail shorts. Ya'll are funny.
I agree that management is doing lousy job but there is a market for calls and that means something. But $3.00 premium on $6.00 stock is not is not time value, that ratio is on $20-$30.00 equties and there must be a very good reason for such spreads.