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Re: dragon52 post# 4213

Monday, 01/12/2009 12:15:47 AM

Monday, January 12, 2009 12:15:47 AM

Post# of 9399
I think the main reason it tanked on Friday was because of the press release. In the pr there was a line that really stuck out that talked Landamerica disposing of the rest of its businesses. That language without any clarification scared some people off. That being said, while the stock price went down 30 percent, in terms of people selling there shares it was pretty minimal. The pr came out at 2:00 so people had plenty of time to dump. Instead 1.6 million shares were traded. And while I dont know for sure, i bet we had traded 700k prior to the pr. There is some great dd on this company on this site. Fast flyer and vlftraders among others have a much better understanding of this company and its assests. Definetly worth the read if your going to invest.

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