Good find. Thanks.
All along, we knew capital bought at 85c and sold near 37c. They started with 14.8m shares and added another 14.3m. In total, held 29.1m shares all during a falling market.
Yet they recorded a gain of $5.4m and loss of $6.5m. Almost breaking even, all this while market was on downtrend?? Go figure. I say this sacarstically, they must fantastic in House Traders.
But in reality, I suspect they bought puts or some derivatives against their physical holdings, and closed off their shorts with physical delivery to a 3rd party, resulting in zero holdings. Just a guess and I cannot prove it. Capital was in collusion with other biggies.
Always felt we are playing with real pros here. I agree with @ozgem. The stock will move when the powers want it to be moved.
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1 | 46221 | 0.089 |
1 | 2000 | 0.088 |
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2 | 123529 | 0.085 |
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