Monday, December 10, 2018 5:06:00 AM
The old hands here on the SCRH board can remember the old owners of SCRH. One died and his shares were to go to the Gans Bros but the SEC listing kept listing his estate as holding 20 Million+ shares of SCRH.
This could have been an estate dump. It also could be a MM (Market Maker) picking up shares for someone or a company on a large scale. Only a MM could have handled the 20+ million shares that traded without the SP going up.
At any rate, anyone with a 5% or 10% holding of SCRH will have to make a SEC announcement soon so we will at least be able to see who or what bought the shares. At any rate it was not an individual on his own that bought the shares. A Market Maker was needed. Could the Gans Bros be attempting to take the company private? All substantial shareholders have a window in which they must announce a change in holdings................
I have been searching the net for SCRH news but found nothing. We will soon have an answer IMO about the large trading. Over 13% of the OS traded hands. Good News or Bad News may be on the way! Or business as usual of course. And the quarterly announcements are late..................
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