Now remember, Horse stated that he never added to his CS position - not a single share. He also said yesterday that he was down to around 227,000 shares or so. The following post (in its entirety) on June 13, 2012 has Horse saying that he only has 166,000 shares. Then where did the other 61,000 or so shares come from since he emphatically claims he has never added to his position - not a single share?:
Yes I did. I sold 2\3rds of my shares and still own 166,000 shares. The top price I sold out at was $3.51. Wish I sold all of them now. The rest that I held onto were in hopes of KGHM buying out CS. My hopes went down the tubes with KGHM's announcement, however I'll bet they will be at the table in early 2014 to buy out CS if they are not gone by then.
For now I have to hold my shares and hope for the best. Wish I was out with $166,000 dollars more than I have today.
And yes I was right. Capstone is a dog as evidenced by its violent trading. Glad to see that they have a more experienced board as well. Can't hurt.
As always praying for a miracle for this dog. I hate Capstone but am stuck for now.
Again I wish to pass onto you that I'm so glad that you are happy for the stock to have fallen over a dollar from those $3.40ish levels.