InvestorsHub Logo
Followers 103
Posts 19959
Boards Moderated 2
Alias Born 03/05/2012

Re: None

Sunday, 08/19/2018 2:21:42 PM

Sunday, August 19, 2018 2:21:42 PM

Post# of 45833
How does Fife dispose of his shares?

Wish I had time to do a more detailed analysis of Fife's selling strategy, but the following is an example I found for United American Healthcare, a company that Fife owns millions of shares in.

Below is the link to shares he sold of UAHC from 6/20/17 to 9/5/17:

https://www.sec.gov/Archives/edgar/data/867963/000114036117034404/form144.htm

Now if you look at the chart for UAHC during that period, you will see a flat price for June, July, and the first half of August 2017. Then all of a sudden, near the end of August, there is a HUGE spike in UAHC share price from around $.10 to over $1 per share. "Coincidentally", Fife begins selling large numbers of shares on 8/24/17. This selling continues to 9/5/17, the last day of this report. By this time, the share price of UAHC has fallen back to about $.50. After a few months, the share price of UAHC has fallen back into the $.30's and remains there until the end of December 2017 when there is a new surge in price, this time peaking at around $.80 in early January 2018. After this second price spike, UAHC settled back into the $.20's to low $.30's, where it is today.

There is much more analysis I would like to do on Fife's trading, but don't have the time.

Hope the example above is helpful for all those holding or planning to trade SIGO.

Best thing to do is to keep an eye on SIGO news releases AND SIGO trading volume. Seems Fife will sell small shares when the price is relatively flat, like it is now for SIGO. But then will sell large shares on a volume and price spike, which will eventually bring the share price back to where it was before the spike. - jmo

P.S. Btw, the price spike in August correlates with the following news release by UAHC on Aug. 23, 2017:

https://finance.yahoo.com/news/mgt-capital-completes-2-4-133000078.html