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ConstitutionNow

01/29/18 3:33 PM

#11041 RE: robertmaxwell #11040

I fail to see the logic of whoever sold over 60 shares at market in 11 minutes when the price was in appreciation mode. Not only today, but for past number of times '9' was breached.

The reply to this will likely be 'its a fund manager trimming a position'; not even a fund manager dumps shares like that on the open market with no concern of where the price goes. Fund managers use 'limit' prices just like everyone else...especially on thinly traded stocks.

There are reasons to keep the share price below 9, or just 'in check'. Cap raise, buyout offer, etc etc...the game is very obvious.