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andrewflying

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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.

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