It's very encouraging for would-be investors, and indeed those holding, that Frank bought 40,000 more shares on Friday at 72c each. He doesn't do that for fun. But for the general turndown they may well have held that price and really should have. Anyway I'm happy I waited until today. There is a buyer for 99,999 shares at 63c. If I'd been a little quicker on my feet I could have got that last parcel at 61c. What's the betting CRK will rise tomorrow? Will that buyer acquire any more at 63c? I would imagine that buyers would move in en masse if they drop to 60c. Frank will probably be amongst them! He won't be alone.
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It's very encouraging for would-be investors, and indeed those...
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