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mrholty

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mrholty

Re: marayatano post# 6171

Friday, 01/13/2012 6:06:58 PM

Friday, January 13, 2012 6:06:58 PM

Post# of 8307
How do you know what this HF wanted to do?

Speculation on your part or do you know someone.

The two days before the announcement there were 700k shares traded. Above average but this stock traded in very lumpy amounts. I would assume that these funds had more shares than that based on what they were paying in Legal Fees.

We know this summer that 1 of the 2 main original plantiffs sold out and was replaced by 4 other HFs who continued to fund Art. If you assume that the HF selling was 2/3 of the volume they probably were selling 5M+ shares.
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