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Newcastle Investment Corp. Message Board

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  • ronrunoff ronrunoff Nov 24, 2011 10:20 AM Flag


    ***type o first line**** no dilution....also the 10 day avg shares traded has declined 30% in the last month from 1.5 mil to 910k traded per session...further evidence of my thesis there is no dilution!!!!!!!!!!!!!

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    • Ron:

      When you say "dilution" in these missives, I supect you mean "distribution".

      • 1 Reply to secondstagelensman
      • No..i mean DILUTION...there are certain people on here accusing the Management of diluting the float of NCT....this is complete nonsense and i am tired of hearing it, so i posted a as far as distribution goes....distribution would be in play if a certain hedgefund/broker would sell in blocks to reduce their position in a particular equity....also a "distribution day" is always accompanied with HIGHER VOLUME than the previous day with the equity closing LOWER....if you read your charts on NCT, look at the closing half hour of trade and you will see ACCUMULATION in the neighborhood of 80k shares for the last 3 weeks.....this is extremely bullish for NCT and is also a "TELL" that somebody with "deep pockets" is betting on NCT moving upward in the near future.....just my thoughts!

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