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Re: Bourbon_on_my_cornflakes post# 11665

Monday, 01/23/2017 5:31:44 PM

Monday, January 23, 2017 5:31:44 PM

Post# of 108191
Bourbon, the others are right, Fidelity did add 1.3MM to their holdings. Pictet did however sell out their entire 1.4MM share though along with other smaller guys. I played with the changes after the quarter ended and I believe I came to the conclusion that without the direct offering, a net of 1MM+ shares would have sold in the open market. Given the lack of institutional pressure over the last few quarters and the large short interest over the past 12 months, it is obvious the only thing that will get us to a fair value is a BO or a new CEO. Little PR updates or even a decent partnerships will not do the trick. We can not even hold the value of the new partnership much less add to our existing market cap. Without a new ceo or someone stepping up to buy us, we will never see the SP that so many of us have been expecting over the years.
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