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Guanwei Recycling Corp. Message Board

ilyak98 5 posts  |  Last Activity: Aug 14, 2015 11:36 AM Member since: Jun 17, 1998
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  • ilyak98 ilyak98 Aug 14, 2015 11:36 AM Flag

    This is SRB ASSOCIATES IX L.P . hedge fund. old news. They got shares at IPO price , now they exiting position . Even they considered as insiders (over 10% holdings) , they have nothing to do with company business . Just making money from financial transaction. What is new here?
    How can you blame them for not selling , if they got shares under $15 ?

    Sentiment: Hold

  • ilyak98 ilyak98 Aug 14, 2015 10:37 AM Flag

    where do you see that? I dont see any latest Sec 4 filing for such huge amount of shares. There are insiders selling for last 6 months, but it started right after lock-up expiration period. So, it's a common practice after IPO lock up period expires, insiders start selling - nothing new . One hedge fund closed the position in ALDR recently , SRB Associates, but again , nothing alarming . There are pleny of institutional holdings in this stock

    Sentiment: Hold

  • over 1070 contracts July $6 were traded . Some of them were sold at .10 , but most of them were Buys - at .10 and .15 . One big lot - over 400 contracts were bought at 0.10 . Considering that this option will expire in 2 weeks , and stock has very low volatility - standard deviation at .18 - somebody is betting on some kind of news coming between now and July 17 .

    Sentiment: Hold

  • Reply to

    After Hours trading

    by hawkgene1953 Jun 27, 2015 6:18 PM
    ilyak98 ilyak98 Jun 28, 2015 11:22 AM Flag

    it was index fund rebalancing - Russell 2000 and 3000, as well as some less known indexes were rebalanced on Friday. ECYT was a part Russell micro cap index . More likely ECYT was kicked off the index funds due to stock performance, which is a not a big deal - most of these indexes are performance based .
    It could explain recent selling pressure for ECYT stock.

  • Reply to

    Dead money

    by extricatezanthurasta Jun 25, 2015 4:07 PM
    ilyak98 ilyak98 Jun 26, 2015 1:03 PM Flag

    agree. new low is coming . Buying interest is close to 0. No news from the company . Short interest is at the highest point ( not by number of shares, by number of days to cover- that's more important ). I'm just curious why so many people on this board so excited regarding this company , and absolutely zero interest from investment community ?

0.080.00(0.00%)Sep 4 12:02 PMEDT