RE:RE:Peters Sorry Crakerman, I do not have acess to level 2 data or even summary house position data, truth be the truth with 001 anonymous my data is not that accurate. Sometimes you can get some signs however, I have done well over the years watching Peters trade 077. They were buying for themselves or clients in Feb/March, now do they still hold who knows, they could have sold under 001 in April or anytime for that matter.
Imhof's comment to me are instructive, he like many bought in thinking it could be another quick flip, like Legacy now they are holding the bag, exiting or have exited. That is why this fall is taking time to complete, you have some big funds exiting positions on a thinly traded stock. Also, I think his call on why the company is not sold yet is exactly right, management wants to sell the whole thing, however, buyers want to carve off the cream only. Someone will cave first, it's not pretty but as Rock slides in Shareprice the whole company sale becomes increasingly likely in my opinion. New investors have to absorb most of these shares from the old holders before it can bounce. PS take the talking heads with a grain of salt they are always talking there own book, Imhof is not going to go on national tv and tell you to sell if he has to move a big position is he? More likely he would come on and say hold on tight so I can dump my shares.
Best of luck to all, I am thinking of taking a small position as a flyer in the 60 cents range what the heck you only live once right. I will let you know if I do, Cheers Matthew