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ChipMOS TECHNOLOGIES (Bermuda) LTD. Message Board

  • sean777007 sean777007 Jul 23, 2013 4:48 PM Flag

    Another explanation

    Besides the obvious reason for a drop In share price due to chip bond down grade I have another theory .The drop was exesessive and a seller Is making every effort to keep the price down.If I were negotiating to buy 10 or 20 million 8150 shares It would mean Nothing to sell 500,000 or a million shares Of Chipmos If It meant getting my 8150 shares for 5,10, or even 15 dollars less then before.Their Is NO risk to them shorting.They end up owning shares to offset shorts or cover for tidy profit.Like Jay said last week I am concerned about what price they place the 8150 shares.The price Of the 8150 shares will tell a lot about whose Interest management has at heart.Cheers.

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17.02-0.02(-0.12%)Oct 8 4:00 PMEDT