BIS 3.73% $4.91 bisalloy steel group limited

bail out, page-9

  1. 471 Posts.
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    Hi guys,

    Nothing really to see with those 500,000 shares, 99% were crossings.

    One party to another, why it was not done in one go, well not sure, they may have been all going to different accounts, maybe someone's grandchildren

    It was not like someone just decided to sell 500,000 in individual orders, and there were enough individuals to pick those up.

    I tell u what, I could not sell 500,000 shares without driving the price down, so again nothing to wee here besides housekeeping.

    On that note, with June 30th coming around, a lot of housekeeping going on with tax minimisation.

    I would not be surprised to see weakens in BIS, not because you would sell it to for the tax loss, but because it has doubled some might want to offset the profits on some of their other dubious bad trades.


    Story has not changed for me, no selling here, just sitting on my hands as "Jesse" famously said.
 
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