"... mean that in theory all relevant news must be in the marketplace otherwise he wouldn't be able to purchase."
Erm....yes (insert low brow here).
Shenanigans never happen....um...do they?
As for pissy, loose change purchases, that's 400,000 shares that Chuck has now bought on the open market and I don't think I can think of anyone who is more miserly with money than the Chinese.
So...what do we make of this? I think an earlier poster said it best when he queried sales. From what I can glean, this (hopelessly over-reacted) profit downgrade, does not necessarily reflect future sales and Chuck is talking with his wallet.
Oh and one other thing. My research also suggests that the bigger selling we've seen from that single group, has probably finished. The selling today was nothing more than a retail response thanks to a certain, unnamed publication who put out a "sell" recommendation overnight.
Wish I'd joined Chuck in the 'supermarket' today.
Gottabounceback...
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.18M |
Open | High | Low | Value | Volume |
12.0¢ | 12.0¢ | 12.0¢ | $679 | 5.657K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 43923 | 11.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 250918 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 115000 | 0.072 |
1 | 50000 | 0.071 |
2 | 60000 | 0.070 |
1 | 15509 | 0.069 |
1 | 145671 | 0.067 |
Price($) | Vol. | No. |
---|---|---|
0.076 | 80000 | 1 |
0.077 | 57665 | 1 |
0.078 | 38280 | 2 |
0.079 | 100000 | 1 |
0.080 | 219315 | 2 |
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