InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,473.17
(
-0.25%
)
US TECH 100
19,274.00
(
-0.69%
)
Dow Jones
39,134.76
(
0.77%
)
Brent Oil
85.01
(
0.37%
)
Bitcoin
65,002.03
(
0.05%
)
Post# of 163718
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

andrewflying

Send PM Follow Ignore
Followers 9
Posts 1372
Boards Moderated 0
Alias Born 08/14/2013

andrewflying

Re: jyyoo post# 140475

Tuesday, 06/05/2018 7:55:05 PM

Tuesday, June 05, 2018 7:55:05 PM

Post# of 163718
The supply is still more than abundant, why didn't the big buyers refrain themselves from flexing their muscles?

They bought 100,000 shares in one transaction.
Then they placed a bid of 400,000 shares. Maybe they try to build a bottom. More likely, they know that this round of dilution is about to come to the end.

Interestingly, Solomon did mention to me that the company was recruiting a Chinese institutional investor to buy when I called him a few weeks ago.

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up