GREY:DONYF - Post by User
Comment by
moneysworthon Feb 08, 2013 9:27pm
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Post# 20961987
RE: RE: See
RE: RE: See "Selling this heavy....just 96K today? Looking back at the trading history, always big swings resulting from a tight float. Obvious some investors have been unloading some this week in anticipation of PP shares free trading mid month. However, 64,000 dollar question is what percentage is in strong hands? Yes there's some to absorb, but how much is actually in strong hands? No one knows exactly, but my gut tells me downside may be limited and may be a non-event. Still a very enviable small float, and some may regret their rash selling when they see how temporary this plays out? Only time will tell? And obviously there's no doom and gloom amongst the insiders who haven't sold a single share. Sticking with the likes of Clayton and the boys, don't think you can go too far wrong! GLTA...