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idcc2006

04/11/06 10:30 PM

#43442 RE: stockhocker #43441

Wonder if Afren was bashed.
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Spec29

04/11/06 11:25 PM

#43444 RE: stockhocker #43441

SH, can you imagine what would've happened...

if Lehman issued a PR indicating they intended to buy 1.9 million shares of Afren. Think about if they would've issued the PR after they had bought 5% and were still buying. The price would've went up in a hurry. You can bet their buying is finished now though! It was done with controlled buying and patience.

Also, if they bought damn near a 10% stake of a company with a 4.5% stake in block one, what do you think they or other companies are thinking about a company with a 22% stake in block 2?

Are we seeing controlled buying and not even noticing it?