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MetroPCS Communications, Inc. Message Board

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  • o08o.ugh64w o08o.ugh64w Sep 28, 2012 4:25 AM Flag

    Fund unloads shares

    A sale is a sale. They decided there was a better place for their money.

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    • No its not... you are a folol

      • 1 Reply to mikeywalson
      • Yes it is - folks like yourself just convince yourselves it's not to justify your own purchase of the stock and why you should continue to hold it.

        Hey, they just sold another 230,000 shares - should be awesome for the stock.

        insider-alerts%2Ecom/Data/20120928/PCS%2Ehtml

        Whether it's PCS or any other company - for the same reason they bought, because they believed the stock was undervalued, they sell because they believe they have somewhere better to put their money. If not, then you're saying they're going to sit on cash - which pays nothing these days. So, leave the funds in PCS or have it in cash - only one reason why someone would sell the stock and hold cash.

        Whether as cash, or other investment, they believe they have a better place for the money besides invested in PCS - there is no denying it - it is a fact no matter what scenario you choose. If you think otherwise, then you are the fool.

    • Insiders and funds purchase these shares or options at pennies on the dollar with the gamble of a future rise in the stock price. If you were to buy 10,000 shares @ 1.50 per share and hold it for a year, with the possibility of selling those same 10,000 shares @ 12.00 per share, wouldn't you sell? And those funds hold millions of shares at a time. They have to unload shares from time to time.

      Sentiment: Strong Buy

 

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