Then why would key Insiders even consider dumping 1.2 million shares in one day?
I didn't care about any previous selling, cuz was really immaterial, but 1/29 wasn't!
From that act, it would appear Ordinary Investors are being played.
Me neither. I'm in this less than 3, and not a lot, but the potential I bought into must not be there with these guys selling like that
I see that he has about 780k left, selling over 20% of his holdings. But he's just 1 of 5 that sold. Cohen sold over 50%. In total about 1.2 million shares sold by them on 1/29. Bottom line: The message they sent with this is they don't think it's going much higher, unless they sold and will just restock themselves with options.
Disappointed how they jumped on the selling. The two bigger holders sold ~25%, another sold ~half. How much will they sell on the next pop?
I think crazy to short a stock with this much Insider interest. There's gotta be better stocks out there, but to each's own. Like playing with fire
But it may not be able to do that until next earnings, which is basically what happened last time. Its like 50% of the movement here is on a Gap
This was not a market Purchase, from the Form 4 below:
( 1 )Amount reflects restricted share units granted from the Cliffs Natural Resources Inc. 2012 Incentive Equity Plan.
Well just give us your best 5 points from your 2 hours of DD that concluded that for you if you would.
That might carry some weight, where the above, is that supposed to impress someone?
Don't think anyone here is planning for that though. That would just be a bonus to what's already on the table
More from that article:
Google has been ordered by a court in Virginia to pay royalty to I/P Engine for infringing some claims of two of its patents through the AdWords advertising system.
District Judge Raymond A. Jackson of the U.S. District Court for the Eastern District of Virginia, Norfolk division decided Tuesday that I/P Engine, a patent licensing subsidiary of Vringo, should be paid an ongoing royalty rate of 6.5 percent on a part of AdWords revenue.
Google had earlier argued that it had redesigned AdWords, and functions of the system that I/P Engine held to be infringing had been removed even before the entry of judgment. It held that if royalties were warranted, it should be in a lump sum, according to court records.
But the judge ruled earlier this month that the modified system was "nothing more than a colorable variation of the system adjudged to infringe." The judge also ordered the parties to meet to negotiate an appropriate ongoing royalty rate.
On Nov. 6, 2012, a jury reached a verdict finding that Google and the other defendants had infringed the asserted claims of the two I/P Engine patents. The jury awarded I/P Engine US$30.5 million in damages without interest, and a running royalty rate of 3.5 percent instead of a lump sum. In an order this month, the District Court ordered that I/P Engine recover an additional sum of $17.32 million from the defendants for supplemental damages and prejudgment interest.
I think there's buying, and then selling with additional shorting, creating downward momentum and taking out any stops that might be in place