it’s all just dumb algos buying today. Cooke got more stock sitting for 4.85 than whats going through much higher today. Another bidder would have been more strategic, not push the price to 5, and we would have seem some blocks traded. Today is no different to yesterday other than nasdaq up 3 per cent, so it’s risk on for the hedge funds.
Tassal Group Strategic Thoughts, page-745
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