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Nuance Communications (NUAN) Message Board

  • cyoung8404 cyoung8404 Apr 30, 2013 10:08 PM Flag

    According to Forbes Ichan bought 4.23 million more shares today

    Increasing his stake from 9.3% to 10.7%. The release was posted 5:38 PM today and mentioned that his position originally was passive. I expect that the news of Ichan's purchase helped nuan's after-hours pop. I am not an Ichan fan, but he almost always seems to make money. Heck, just saying he has taken a position is enough to cause a pop. With a boat load of money tied up in nuan, I expect Ichan will not sit back passively for long. I bought back in today, and I plan on holding until Ichan works his magic. It should be fun. In a sense, Ichan has put a bottom in on this stock because anyone who shorts has to know that a news release from Ichan is enough to cause you to lose big bucks real fast. IMHO. Read the Forbes news release for yourself because you should do your own due diligence. Good luck.

 
NUAN
14.91+0.07(+0.47%)Oct 21 4:00 PMEDT

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