just thinking what a good "shake of the CRK tree" JPM have done
the stock has moved something like 10% with a $20k order in the past
and here comes JPM with its 13% holding deciding for whatever reason to play with about a $1million
and now there's only $27K in the buyers kitty on the market and there can't be that much more in the wider market
so any fruit left hanging isn't going to fall off
and JPM will go back to accumulating a bit more?
or JPM really did want to sell down some of its holding and just did a bit of tree shaking to see what it could sell?
or whatever?
just part of the game I guess when you have a few major shareholders and a stock that flies under the market and which has always been shunned to some degree by brokers too I reckon as Frank does tend to do his own thing
can't pretend this CRK selling isn't annoying - has been a major part of the gold portfolio for years now
and who know the true share price? guess that may be part of the game for JPM as in my mind CRK should be around $2.60 not .60c!
just grumbling - don't really understand this market madness and have always gone with the fundamentals - on what is a good day for gold too
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just thinking what a good "shake of the CRK tree" JPM have...
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