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Re: JTORENCE post# 176663

Wednesday, 03/29/2017 11:34:04 AM

Wednesday, March 29, 2017 11:34:04 AM

Post# of 402724
Perhaps it's purely an issue of risk and not one of reward. It's quite possible that Aruda, one of the large investors, has a significant percentage of his net worth tied up in CTIX shares. If under the guidance of a financial advisor, the FA without a doubt is constantly chirping about diversification of his assets. Even if not, wouldn't you think it prudent, as a risk mitigation strategy, to do the same?

One of the posters here has presented data of Aruda sales over the past several years, and the constancy of yearly sales leads me to believe that there is a diversification plan being effected here. Makes perfect sense to me.

A lot of volume entered the market in Jan/Feb when the SP neared $1. I was kinda hoping that Aruba's FA panicked a bit at the dollar mark and got the 2017 allocation over with early. It would be nice to have this particular seller exhausted for awhile.

why would the large investors sell now when in 6-8 months the price could blow thru the roof.

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