Wed, Dec 17, 2014, 7:10 PM EST - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

Longwei Petroleum Investment Holding Limited Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • hshinti hshinti Jun 6, 2011 11:04 AM Flag

    Buy List??

    It may be as simple as some traders making a nickel profit and selling. Rinse and repeat. Eventually those stocktraders will be left behind when the higher true value becomes apparent. I like Gentrys PE of 10 @ 6.20!

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • That's my hunch too: private investors just taking the nickel. One bonehead sold about 6K shares at market; dropped us to 1.50. Oh well!!

    • Haha - ya, I actually liked the "fade out" way the video ended with Gentry's comment on the p/e. In a way I think he is kind of "toying" with all the detractors out there.

      My issue with the rinse and repeat idea is how Fidelity and Roche snuck in here for a few million shares without disrupting the rinse and repeat?? Those were big buys, and they managed to do it without the share price getting over $1.90! I don't get the mechanics of this kind of trading, but I have always had the feeling that something was going on behind the scenes with this selling. If it was a big iceberg order back in the winter/early spring, you'd think it would be done by now. Yet it continues. If everyone just stopped selling, I wonder what would happen??

0.02-0.03(-60.00%)Dec 17 3:48 PMEST

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.