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O2Micro International Ltd. Message Board

  • bbrutus08 bbrutus08 Jan 4, 2012 8:54 PM Flag

    Jan effect?

    Nice move today. Seems Wasatch has been the seller from their filing. Hopefully, they're finished. I assume they needed to recognize some losses. Otherwise, hard to justify selling shares of a profitable business barly above cash value.

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    • Not that it matters but it looks like Wasatch just flipped 500k between accounts as they have 5 of their funds in this one.

      The big hammer appears to have been Axa Financial..sold over a mil shares..which was 90% of what they owned..

      But if it makes you feel any better, their lifetime price on their buys was around $14..ouch

      Will be watching this one as the metrics are attractive..

      J.

 
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