GREY:STACF - Post by User
Comment by
dwyomingon Nov 07, 2006 11:55am
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Post# 11632319
RE: candle and the buying/selling
RE: candle and the buying/sellingExactly right TG,
The large blocks being sold off are likely being jettisoned to lock in and "realize" profits for the managers...their end-of-year bonus is likely tied to profits "booked" and their gains cannot be "realized on the books" unless the shares are sold. They'll take the money and do another PP in another little company and hope to have profits again for the next Christmas. The people pressing the sell button do not own the shares, they just manage them and are judged quarterly and annually.