Program trading steals shares from sellers in a systematic way.
You could have an institution buy 2 million shares all day long in 1000-2000 share lots. Since there is never a big block on the bid, price never jumps and supply keeps coming.
Risk taking is dead. Everybody with billions just stashes their money.
They are miserly even with investing 100-200 million.
Markets are not fun anymore.
Who bought it? I would be very #$%$ if I was one of those secondary purchaser.
I dont think insiders will sell any at the lockup considering secondary fiasco.
I read that letter.
How in the world they calculate that divorcing OCN will save HLSS millions? How?
Someone is willing to service them for free no cost? Does HLSS have internal capacity?
what is their real intention? Are they promoting their long HLSS thesis or someone else's short OCN thesis?
After blowing away the estimates in latest quarter.
That quarter really converted me from non-believer to believer,
Wonder how GPRO insiders are feeling now
I hope he lets CFO or other executive speak.
He is brilliant scientist but lousy speaker