GREY:CHALF - Post by User
Comment by
slimjim11on Apr 13, 2016 6:02pm
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Post# 24763840
RE: anon has sold 11,763,467 since Oct 14 2015
RE: anon has sold 11,763,467 since Oct 14 2015If we assume that's all coming from one or a small group of sellers, I am sad that they are selling without understanding the company. The sellers' holdings are finite, and will eventually run out. The flip side of the selling is that, with little news on revenues and cash flows, 11.76 million shares have been bought. I took 5.67% of those shares. In the coming weeks, we'll see 4Q15 and then 1Q16 results. I look forward to seeing what greed-motivated buying does. If the volumes are just flat, another 11.76 million shares will be bought in the coming weeks and months. And my guess is that greed will chase a rising share price faster than fear depressed a falling price.