Nxp Semiconductors N.V. (NXPI)

[Santa Barbara Broker]

Downtrend partially explained...seems Freescale merger shareholders are liquidating their buyout position in NXPI stock.

Considering they held a reported 18% of the float, that the stock has only retraced $6.00 (6.7%) to date off it's recent highs is pretty amazing. I am attempting to find out details on exactly why they dumped their entire position and where that money is going...due to NXPI's announcement of their recent note issue and the fact they are still engaged in a stock buyback. It could end up being a major positive under the circumstances.

SBB