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tsoprano-1

05/30/17 1:40 PM

#16616 RE: rwalia99 #16614

True, we need buyers. If my idea of what he is doing is correct, he doesn't want out. Only to make the difference between bid and ask. If he was simply trying to get out, buys at the offer wouldn't be followed by him going high bid. That tells me he is trying to get back the stock sold at a cheaper price. If it was only coincidence that the bidder kept jumping to be high bidder, well, then maybe he is trying to just get out. But, of course, it he just wanted out, big bids would let him do that too. Eventually, it comes down to the company actually producing. Not just moving machinery around. Time will tell.

T
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A Dinosaur

05/30/17 2:20 PM

#16620 RE: rwalia99 #16614

15 years that I know of and I think he'd been in the business quite a while when I met him.

Dino