LYC 0.26% $7.77 lynas rare earths limited

eric noyrez, ceo interview, page-57

  1. 1,648 Posts.
    there were twice, NC sold off some large parcel of his holdings but seem not any negative effect to later share price.

    in Dec 2010, he sold 5 million shares, in the range of 149c-150c, the next day after selling, share price rose and since then rapidly increased to 235c.

    in Jan 2011, he sold 7 million shares, in the range of 180c-203c, share price dip to 174c in the second day after selling, then increased to 197c, 230c, 270c.

    this fact("NC's sold")may be as a contrarian indicator, and means that share price would begin to rise in the future.
 
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