Thursday, January 20, 2011 11:04:08 AM
Maybe shares sold for tax, estate purposes, or solely for portfoilo management. With fast run up of LSCG in past year, LSCG has become a
MUCH LARGER percentage of total net worth.... in some cases, TOO MUCH a percentage to maintain on a reasonable risk basis.
I doubt CREE had anything to do with it.... Cree down over 14% yesterday, and another 2% so far this morning...
I will not be surprised to see fluctuations like this in the future intil LSCG has greatly increased daily volume to handle a block of 100k or miore without greatly moving the bid/ask..
just my 2cents or 2 colonies worth...
Peace
SJOGRINGO
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