While I agree with the majority of your statement, I do however feel that a top 10 shareholder has some sway in terms of people’s confidence in buying or selling. Even though it’s none of our business what they do with their shares, they still hold sway with retail investors especially on HC. Pumping it up while a major investor - the question to ask, who is the beneficiary of this?
It’s all in the game though. I’m sure Chaya isn’t losing any sleep if he sold out at a high in the 60s. Key word - “if”. Based on last top shareholders, he didn’t sell all.
IHL Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
