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LJ International, AŞ Message Board

  • mississippijohnhurt1 mississippijohnhurt1 Jun 6, 2013 9:57 AM Flag

    I'm Out


    And so are my kids.
    I figure lose a few more cents but protect myself from declines after the vote.
    I think there is little chance of more that $2 and at least some chance of a negative market reaction to a no vote..
    Will use the loss to offset gains achieved by my money management company whom I pay 1% for piece of mind.
    This was the last equity I invested in myself and fel victim to my own emotions and gullibleness?

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    • Mississippi---

      I've been watching the institution activity and while their ownership as a whole is steady, a "biggie" seems to have the same sentiment as you----Pine River Capital, Minnetonka MN---sold out their 603,415 shares in the first quarter---that's a lot of bananas for the other institutions to absorb---but almost half were picked up by other institutions. 350,000 shares were purchased by private investors and insiders by my rough count. These numbers are for the first quarter ending March 31.

      The volume still remains low---IMO that means the majority are waiting for more financial and expansion results....


      Sentiment: Hold