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flying_trader

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flying_trader

Re: Tommy John Surgery post# 223

Thursday, 01/19/2017 1:06:54 AM

Thursday, January 19, 2017 1:06:54 AM

Post# of 757
Perhaps but....

They would not have been able to buy more than 5% without tipping their hand and they would have paid more than the 92 cents a share for sure even for that limited level...so doing it the way they did they got 15% of the company for 92 cents a share... they probably could have bought another 5% or so under a buck fifty... we will see if they report a new ownership level soon...

If they did take the cash because they were desperate than this run up is soon going to head south...11 mil won't buy them much time if they are that bad off..

cheers
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