when I was watching and buying befour I saw it go to around 9x earnings so I saw 10.23 today so the price is much better, I expect there maybe some kind of health care panic monday though otherwise the stock just drifts until it catches someones fancy again.
de-lisiting means you end up on the pink sheets... might be cheaper than listing on the board, would that be a problem??? I am still available though if you wish to elect me as a board member and I am involved with another food company currently..
The funds file the data with the SEC as do insiders and others. My Bloomberg Professional terminal has a function that lets you see all of the data aggregated into one place.
Wilmington Trust reported a reduction of its holdings in the amount of 175,000 shares as of the end of December and saw holdings of 628,319 shares. These are not shares actually owned by Wilmington Trust, they are shares held AT Wilmington Trust in their securities custody division.
In any case, "trust you" that they are selling more? Well, how do you know that?
The entire point of my prior post was that mutual fund holdings of CYAN are so small and insignificant that it likely does not have a huge impact on the trading in the stock. That's why it generally has a low trading volume.
As I posted, this issue is not a big deal AT ALL. In addition to being able to get an extension for this requirement, the only thing they actually have to do is to appoint a single independent director. This is much, much simpler than hiring a new CEO.
In any case, the stock now is trading at 10x trailing earnings. By comparison, Schiff is trading at 14.8x trailing earnings. But then again, they have paid a hefty cash dividend in three of the past 4 years and we have achieved only 8 consecutive profitable quarters, hopefully, soon to be nine.
Uncertainty, such as in the case of CYAN today, creates opportunity. If you have conviction, you should be able to take advantageg of the uncertainty by purchasing now while the price is low so that you can sell at a higher price when the uncertainty is relieved (i.e. they report earnings and announce a CEO and/or board member).