1) By watching the trading activity very closely, 2) The company having already been active in buying it's shares back, and reporting it, 3) The stock remaining in a narrow trading range far to long, and always returning to a median --- and all this, despite a notable pick up in volume in a stock, that doesn't do much trading each day, to begin with, 4) Whomever (brokerage) they are utilizing, can act in such a manner --- "to put a ceiling on things" ----- by being on bid, and also being the offer (yes, selling shares at higher prices to anyone interested in buying them, but also selling shares on the bid, to bring the stock back down, and control the activity. Obviously, if there was some big buyer of shares, they would lift their offering amount of shares. But, there really isn't. All the brokerage is doing is being interested in control, and being able to obtain a net amount of shares, while trading stock in the interests of the company. This is a trading technique, the brokerages utilize all the time. It is used especially well, with high-priced, illiquid stocks in which there isn't much of a demand. Hmmm, can you think of any at the moment, that qualify, off the top of your head?
Might I suggest the probability, that the company has been relatively active last quarter re-purchasing it's shares, and I strongly suspect they might have been even more active this past quarter, doing the same. The fact, that the stock has traded within a very narrow range, and has always come back to a median point within that range, alludes strongly to this process taking place. How better to help improve shareholder value, than buying one's shares and regularly boosting the dividend.
Also, from a tech analysis standpoint, the stock looks primed to take off ----- having spent so much time staying in that narrow trading range, and relatively flat earnings, that any small positives --- including buying back more shares, will cause the stock to break out of the long-enduring trading range --- one I suspect that the company has employed to obtain those shares, without risking pushing the shares higher at the wrong time, and causing them to have to pay more them. The company is willing to pay one a fair price for one's shares, but not excess, if one is "tired or bored" of seeing "nothing happening with the share price." When the "spark hits" one seller will regret having gotten tired/bored, because the stock will see an immediate upward move.
Keeping it simple proves best sometimes.
People should have been buying the shares today, no rocket science needed.
And not rocket science, if one simply looked at the HZNP weekly chart, one could easily see, it was clearly continuing ahead at an unsustainable trajectory for so, so long, and despite what some have viewed as so deeply corrective, has been nothing more than "an adjustment" and staying within it's very strong, remarkable, weekly trading channel.
Sometimes, standing directly in front of the tree, obscures one from viewing the well-preserved forest.
Truth always marks the most profound in anything.
Coincidentally, the big gap in NBIX's chart begins at just about $10. Something smells fishy, rightfully fishy, and I for one am staying away because I think it's going to fill that gap sooner, rather than later.
Miniscule amounts., but for panic-strickened shorts trying to avoid severe losses, and needing to grasp at whatever straws you can, before you plummet into the abyss. Bon Voyage, hope you land head first!
And maybe the comment had more to do with the company's September 2013 result. Ambiguous statement and account by the website, to say the least.
You should also be in BKYF. They pay a bigger dividend, which they just boosted, and their earnings growth should be better than OZRK, who is no slouch either.
Actually, I'n now seeing that BKYF looks very much to be headed to $28 from looking at it's chart again. The 50 day moving average is about to burst through to the upside of the 200 day average. All good!
There's room for BKYF to boost their dividend slightly, which would be a very good signal to shareholders, and invite new investors.
OZRK is a great bank but, you might want to add to your banking stock holdings BKYF.
They have been expanding like OZRK but, are not hardly as big, pay a .14 a quarter dividend, and based on their recently completed 4th quarter are primed to have an outstanding year and stock performance.