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Sonus Networks, Inc. (SONS) Message Board

  • spook2b spook2b Feb 11, 2013 11:27 PM Flag

    more Artis sales

    Artis Capital, which held 15,966,399 SONS shares as of 9/30/12, reported tonight that as of 12/31 they had 14,262,643 shares, and as of 1/31/13 they were down to 9,029,999.

    The sale of over 5M SONS shares in one month probably capped any upward movement in the share price unless Artis found another tute that wanted to buy a block of that size. In the past 7 months, Artis has sold ~ 9.5M SONS shares. Had they held off a month on their January sales this year, they could have gotten a much better price this month.

 
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