Gogo Inc. (GOGO)

[powglass]

Just wanted to share some information by one member from another message board. Hope he/she is right.

Ripplewood shares selling pressure is over
The downward pressure in the last 3 weeks has been due to the selling of 27.6Million Ripplewood shares that came in the open market. Based on volume analysis (See below) it looks like that all of that selling has now been done. So I expect that the stock will be stable and will move up from here to the $28 level.

GOGO Volume Ripplewood shares traded analysis
12/18 8.16 Ripplewood shares (millions) 27.6
12/19 5.22 % likely to sell after Lock Up 80%
12/20 6.11 Shares likely to be sold (millions) 22.08
12/23 3.97
12/24 4.52 Trading Days since Lock Up Expiry 16
12/26 5.92 Daily Average Volume (million) 4.95
12/27 3.36 Normal Average Volume (million) 2.5
12/30 2.68 Delta 2.45
12/31 4.99 Extra shares sold (million) 39.27
1/2 2.22 % attributed to Lock Up Expiry 60%
1/3 3.23 Lock Up Shares sold (million) 23.56
1/6 3.75 Shares still to be sold NIL to Low
1/7 6.66
1/8 7.91
1/9 4.08
1/10 6.49 Less

Sentiment: Buy