Remember this it was news on 20 Sept 2013
*****When the hospitals' sale and operations transfer are completed, FVE expects to realize cash proceeds of between $6.5 million and $7.5 million by retaining its working capital investment in these hospitals. Also, upon completion of this sale and transfer, FVE will be relieved of rent obligations totaling approximately $11.5 million per year, including rents to SNH and rents to third parties.
The transfer of the hospital operations described in this press release is subject to various closing conditions, including Reliant's obtaining appropriate licenses and regulatory approvals to operate the rehabilitation hospitals. FVE currently expects that this transaction may close in mid-2014. ****
There is a lot of things out there that needs to be clarified.
That FVE had to do a extensive re statement of earnings when it is not that complicated to maintain financial's.
I also find it very strange that the 3rd qtr was released months ago as a restatement and nothing has been released since EXCEPT delays.
I also find it strange in that the total management and employment situation is run though RMR.
I also find it strange that the volume and price range smacks of accumulation.
If they do not get off of the Pot here and let some financial's be known they could very well be in for a extensive investigation as to improprieties dealing with the what I feel is improper control and management by the Board of Directors in total.
I also see what I feel is accumulation and IMO a reluctance to provide data.
I also recall that FVE shed the responsibility of the re-hab segment of their business which was not inline with their business but a favorable benefit to SNH and possibly RMR. this one item was to bring some cash and enable FVE to focus on its core.
Someone here needs to put out some financial's.
Yahoo sure is finicky. I tried to post twice a partial link & got busted both times.
here is an excerpt from market watch as to Russell re-balance last Friday.
About $42 billion will trade on Friday as a result of the reconstitution, which will make it one of the biggest trading days of the year in terms of dollar volume, said a Reuters report citing Credit Suisse data.
Now Mr Yahoo does that get the pass.
Thanks just saw the post, Must be also why ISNS a low float had 250K dropped at around 13:00 sending it on the losers list.
I'll have to look around to see if there is a list of drops and adds.
This volume increase was also on a couple of other holds that I have. I would think SWSH recent price action for months (at sub one$) would have taken it off a russell long ago. In that case it would have been a devestment of holdings this seemed to be a bounc off of a few days low.
Does anyone have a answer as to the volume today it was huge was there a index realance that had an effect
this was the 16:00 volume and AH
16:19:11 w 4.152 123856 NDD
16:18:52 w 4.1548 40920 NDD
16:18:11 w 4.15 1665 NDD
16:17:22 w 4.152 284023 NDD
16:00:20 t 4.15 2158 NDD
16:00:18 t 4.15 5395 NDD
16:00:16 t 4.15 386 NDD
16:00:13 4.15 32 NDD
16:00:12 t 4.15 1470 NDD
16:00:11 t 4.15 178 NDD
16:00:10 t 4.15 1034 NDD
16:00:09 4.15 37 NDD
16:00:08 t 4.15 1664 NDD
16:00:06 t 4.15 156 NDD
16:00:00 4.15 482078 NSD
What the cause.
What was all that about I realize I will not probably get an answer from this baord as ither are no folloowers. was there a re-balance or something.
I have been noticing a large perentage of daily volume going in at 16:00 and AH for the last week or so.
Not my name maybe I should say Puzzled
as I watch closely AH trading I see extreme volume in some of my issues Some are 10 X volume and tons of that at 16:00 and AH This was in todays trading Friday 27 June
I see no reason that is published or jumps right out there.
the issues are DTLK FSYS RALY SWSH and of course less extreme was FVE
What am I missing maybe a russell re-balance or some logical reason.
I know it was not dickie or TJ
And I might add that this volume though extreme for these issues would not be for one with billions or high millions in float.
I found the culprit at 14:23.54
14:23:54 3.40 900 EDGX
14:23:54 3.20 250000 NDD
14:23:52 3.31 1200 NDD
14:23:52 3.41 100 ARCA
14:23:52 3.41 200 ARCA
14:23:52 3.45 2000 EDGX
Might have to sit on it for a day or week or so.
I just logged on & went to the losers for the day there sat ISNS with 10X volume a quick check noted I had it in 2011 for a few plays So for Giggles I got 500 shares someone is dumping (image sensing) like in traffic. What the heck long term should get few hd profits,. normal voluem is around 24K
Dickie that makes 18 issues. lol
Dickie they are included and make that 5 if you want to include FCX. some of those issues I have only 200 shares that is usually my present bite zone.
BTW Diickie I am not new to the market I had near 30,000 shares of EQIX when it went through a reverse split at 30 for 1 ended up with 973 or so long gone. I traded AKAM at around 4.50 last out a year or so ago.
they scrambled the#$%$ ) in para too. Too bad they do not delete these scammers lol 250K profits in TZA gimme a break. Anyway right now I have 17 issues 3 gold 1 silver and a lot of dropped stocks like DTLK BLOX RALY DSW VOXX No pharma and definately no china. had FIO & it got a buyout offer. I think DTLK is under accumulation and it is a low volume issue. Had SREV. INWK & ELX if a stock drops 30% I geve it a good look see & am all over it. thats my mo. That is why I love earnings season and Goodwill writeoffs and a miss here & there..
This Ain't No %$^# #$%$)
Dickie I tell you this one is going to move up like I said in a prior post I watch AH trades on certrain issues. Particularly FVE (issues) & DTLK
DTLK had (Low) Volume of 37023 and 8K of that was in ah i.e. 16:00 on the nose or thereafter.
Going Higher look at the eps the rps the total shares I think it's screams acquire me.
A few days down was a Buying Op. No one wathing and all the data that I pointed out above. I added up into today. Notice yesterdays volume was above normal. IMO the down was to shake ouot weak hands.
Sentiment: Strong Buy
Thanks Dickie that is a possibility but in watching for a long time a issue can trade hundreds of thousands of shares and not have a significient ah volume .
What I am thinking and have thought for a long time that the market is manipulative (to say the least) I believe that broker or such could manipulate the stock down to fill an order and accumulate during the day in order to fill that order and complete the transattion right at 1600 or shortly there after.
I am just looking at and for a reason this takes place and in such quanity.
I have watched the days trading in some issues and after a while I can figure the MM Market Manipulator out and let him drop teh bid and sometime he is both the bidder and the seller ( Go Figure)
This helps me in a lot of cases get a better price.
I like you guys here as a group. I sometime make a bad trade but have been cleaning up the act I am up 30% this month and a small % of the port in silver and gold.
I really watch the AH volume on a few issues one is FVE and today DTLK each had 20% of its days volume traded right after the close of the market in 2 or 3 trades.
DTLK (20,000) Volume 119,856 20%
17:18:22 t 9.80 1066 NDD
17:16:42 w 9.798 1066 NDD
16:25:06 9.80 5 NDD
16:02:17 w 9.7858 200 NDD
16:00:00 9.80 17984 NSD
FVE 257,533 (52,000) 20%
Time Price Volume Market
16:25:38 b 4.822 393 NDD
16:25:06 e 4.82 5 NDD
16:09:03 b 4.8232 20409 NDD
16:08:13 6 4.82 31597 NY
One is undervalued and the other has some issues.
I'm thinking that these shares traded in ah were previously traded in normal hours (gathered) and delivered in ah thus counted twice. Possible? I am thinking each of these are being accumulated at a % ofthe days volume.
I put this up as I am a fan of the board and its posters.
This stock is very rare in its financial position
Revenue of over 29,00 a share
600 mil in revenue
shares outstanding 20 mil
Cash per share 3.18
cash of 71 mil debt of 16 mil
This stock has very low volume and would jump significently on good news.
This was under pressure due to a pending reverse split it continiously traded in the high .40's and into .50 bouncing to the .60.
with the reverse completed it was trading in the low 3.00 area way oversold. it was and is due for a bounce back into the 5.00 range IMO