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Viacom Inc. VIAB

Viacom is a global media company with several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Viacom has also built several online properties on the strength of these brands. Viacom's Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Godfather and Transformers series. Viacom was spun out of CBS at the end of 2005.


NDAQ:VIAB - Post by User

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Post by monsieur46on Sep 14, 2005 10:51pm
310 Views
Post# 9556486

SELL OFF

SELL OFF I am back from countryside and saw the big sell off tuesday morning in the newspaper . It got worst over the last 2 trading sessions ....First of all I want to thank everyone who made at least a comment on this board ; most comments were very instructive . As we can see it does not take much to move the share price , IMVHO one institution decided to sell on the last NR and the technical indicators did some more damages.... Regarding inside selling I see no problem with A. Lemire selling 7000 shares at 7.85$ . To me the real questions are : How many shares have been shorted in the last few days ? How many shares were sold on stop orders ? I mean by that the loss is getting bigger and bigger because of the technical indicators .... I don't mean that those investors are wrong by doing so but in the same time I don't follow this form of strategy trading . Who knows how many institutionnal investors decided to get in for the first time ? I remember at the last AGM people were very optimistic about Eléonore because of the high number of drill targets to be done .... There is a lot of work to do and I am not ready to throw up the towell . To me there are some negative drilling results on the last NR but I think many investors are much too early to pull the plug !!!!! I am still a true believer in this GEM !!!!
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