RE:Hey Wineaux: Good information on Blackrock et al sellingShermandrock1 wrote: That said, someone(s) purchased those shares. Was it retail investors? Not sure, is there sufficient retail demand to absorb all of these shares? Strong hands covertly entering? Who knows.....all that we do know is that someone purchased all of the shares puked by Blackrock et al. Did Blackrock conduct themselves in such a manner so as to minimize their losses? Was it done to drive the price to a point where one of their affiliates could pick up the entire for a song and a dance or two? Time will tell. Curious that the folks at TMAC are ignoring 25% of the share base. On another matter, some of the good folks here have provided production projections that will eventually turn into cash flow. Some of these projections, combined with the cash on hand will come close to satisfying the cash needed for the sealift. Keep in mind that cash requirements will likely be $10M lower as equipment for the additional shift were included on the last sealift. Yep, everything looking up but the share price.
With that screwed up logic I guess you think it would be bad news if they started to buy. (All those other investors with inside knowledge quietly dumping their positions.)