thank you Star, you are always a nice guy to offer helps.
So, institution holding increased about 800,000 net shares. that is very good sign.
the single big institution buyer have accumulated at least 3 millions shares already. they bought at least 80% of daily volumes. For our small players it is hard to make a buy move at such price level after tortured in recent year between $2 to $3.50 range.
I wish he can follow the example of Wanda taking xin private and back to China A market. stay here in USA hopeless
I think recent 10 days the company did not actively buyback the shares if you carefully watch the movement in details.
yes. there is a big seller. However, it seems he have finished his profit taking and stopped unloading while the big buyer's loading will have a long way to go.
not likely by TPG because their cost 5.50 and they are smart.
most likely by a big private investor, who accumulate huge shares at low price and now take profit.
or by a big short seller.
thank you for explanation. I am so glad now one or 2 bigger fund started buying. it is the real power sending the stock going higher and higher and closer to its real value of at least $13.
Sentiment: Strong Buy
To my understanding, the company did not actively buyback this week at this price level. they would gradually increase the buyback price but not so fast.
how come the liar? I sold 10000 at 4.49 and bought back 10000 at 3.96, then I put a 10000 of buy at 3.92 and exact 3 minutes later filled 376 out of that 10000 order at 392. I have many more did not tell you, I collected 10000 at 4.02 before 3.92 order. And sold 10000 at 4.45 yesterday and 10000 at 4.36
I understand what you meant and I am sure they will keep buying with the market trend and adjusted ceiling prices as long as below the book value of $13. However, at this quarter, or this period between now and end of March, I guess their ceiling is $3.80. which already advanced from last quarter average $3.49. If they did have some higher bottom price, the price would not dropped in several minutes from $4.50 to $3.92, on which it is I who put a buy of 10000 shares there and finally got 378 shares.
I think this week, they did a very little buyback.
anyway, I know the price runs currently are not related to the buyback. it is driven by one big fund setting up their huge positon. I assume the company buyback ceiling price is around $3.8.
Evil, I do not understand if you do not buy this stock, why do you spend so much time on the stock. by only thinking and talking, you cannot make money to maintain your housing. probably you are a shorter, a risk taker. if so, recent 2 weeks you must have lost big money, especially the runs like today you might have covered at 4.50 with big loss. if so, you may have lost your home and really need a dog house for nights.
Sentiment: Strong Buy
I sold 10000 3.49 today and just want to buyback at lower price. I firmly believe the stock will keep going up at least to 5.50 (TPG 's cost) by end of the year. However, I will keep doing some short term buys and sells. Dividend is just by product. I am not very interested, because I have to income tax for it.