RE:RE:RE:RE:RE:RE:RE:Still not clear on the giant ASK strategy The entity with the big ask has no interest in selling any shares. In fact – the biggest risk he takes is that a buyer will swoop in and buy his offering. Given the absolute disinterest shown by management in attracting new buyers – something to which I have referred in the past – together with the usual volumes and trading patterns of the stock – his risk is infinitesimal.
What he wants to do is force genuine sellers to sell below his price. His interest is not in selling – but in buying cheap.