Pretty simple business model. Buy in to distressed or funds deprived companies such a massively discounted price… smash the sellers button the second a volume event takes place. Vultures. But there disciplined and cruel techniques clearly give rise to opportunities for others to buy in at discounted prices. Only question is… what do they do now? Pump it back up again to sell into momentum or hold for the next volume event? Who knows. Didn’t seem like they were selling today?
Ann: Change in substantial holding, page-4
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