diamond news, page-3701

My thinking too @bluebird here’s hoping that he’s almost finished, often when there is a large institutional seller the end sale price is based on VWAP (Volume Weighted Average Price) so let’s say he/she has 10m shares to sell and sells from 30 down to 20c to complete the order, the VWAP is then depending on where the most volume thru put is done (keeping it simple) would be 25c. From time to time, to make the seller look good a healthy dump down to complete the order makes for a happy client VWAP 25c last sale 18c and everybody’s a winner. Active traders who time end sale process well often have the ability to make good short term gains. 

All speculation of course, and I’m not privie to any movements in LOM - that’s for the big players to work out. That’s why change in substantial shareholder notices can be of assistance from time to time.

putting day trading noise aside, IMHO it’s relevant news flow, company goals and future earnings visibility that ultimately drive share prices, just because there’s an institutional seller does not mean all is lost (often the sale process is actioned for many different reasons, IMHO more so due to stock rotation rather than doomsday scenario’s). 

All speculation. Have a great week LOMers