why is ayn tracking south?, page-5

Barroloola,

The obvious reasons stick out, like the decline of the silver price, risk aversion etc but IMO one of the main reasons AYN is being kept at low prices is that JP morgan is selling into the demand and suppressing the price.

Check out their holdings below.
They seem to be selling between 10-20 million shares per month.


2010
November 25th - 46,220,200 - 6.13%

2011
January 24th - 139,061,654 - 13.58%
March 12th - 348,506,373 - 26.63%
April 4th 397,068,619 – 30.25%
June 30th - 326,262,489 - 24.29%
September 30th 298,812,034 (unknown)
November 30th 278,391,645 - 21.04%
December 31sth 263,828,255 - 19.92%

2012
January 31st 250,202,262 - 18.89%