FXJ 0.00% 66.0¢ fairfax media limited

up today ... ???, page-5

  1. 14,170 Posts.
    lightbulb Created with Sketch. 118
    volume = 37,749,862
    Avg Vol (3m): 13,439,300

    up almost 3 times average volume
    13 m went through in the last 15 minutes, I'd say

    something must be up.

    institutions usually wait to buy at the end of the day

    could well be stokes

    perhaps the cycle has bottomed and is on the way up again

    all media companies are fair game now

    Jamie Packer has just upped his stake in cmj to 41%

    so that may have turned stokes off and perhaps he is looking at moving more into print via more of wan and fxj

    the story so far
    http://www.bloomberg.com/apps/news?pid=20601081&sid=ahDU.TQ3AVbE




 
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