re: htl- green alert to 40c-to stock doc $3.5million worth...

re: htl- green alert to 40c-to stock doc $3.5million worth changed hands today, so while it is true that there is a fair bit of selling the question becomes where is all the buying coming from, definately not daytraders turning over this sort of volume. Also on the issue of directors selling you will find that almost all of the directors interest notices were to do with their indirect holdings in HGL, the one director who sold 1million of his direct holding, bought back 1.7million in his wifes name.
That said I took profits on half my holdings today, as a 60% profit was too good to pass up.