It sounded initially, like it was vote of confidence in AVZ when ML bought some shares during the collapse. We find out today it was a grand total of 500,000 shares. This looks to me to be more about PR than anything.
He owned 36 million shares before the well publicised buy up and then added another 500,000 to the stack and then told the world what he'd done.
I have a feeling this stock is going to turn into a day traders dream pretty soon. Unfortunately the Institutions are building a a war chest and will use it to fleece the unsuspecting punters, whenever they feel like it.
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