What is fairholme doing...Still trying to figure this one out. Over two weeks about 400k shares back and forth. But their strategy - if there is one - is to sell low and buy high.... which leads me to believe there is no strategy. Thu been selling at 2.23 and buying at 2.28? Also buying at 2.42 two weeks ago... but selling right away at 2.27??? It’s like they are baiting ... the question is why.
i think the easy answer is multiple brokerages have their own strategy based on guidance.... and I think it’s sell sell sell... however there are opportunities and risk takers...