AYN 0.00% 0.1¢ alcyone resources ltd

+$45 silver by may 2012?, page-20

  1. 2,987 Posts.
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    We are nearer to production and sales than CCU, (though I do hold some)

    but as was pointed out with figures on here a few days ago;

    JPMorgan have been reducing their exposure to AYN but they still hold 18% of all shares on issue. A few months back they had over 30%. You cannot unload that many without having a huge impact on the overall share price and of course the sentiment that goes with it.

    They have been trying to suppress the price of silver and those short positions will be hurting them right now. So for further cash they will be still selling down heavily in my view into the stronger buying. Over 13 mill already today

    Just my opinion based on my own research and observations.
 
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Currently unlisted public company.

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