Billy's mate unloaded 1 mill at 5.5 and 1 mill at 5.3, about a quarter of his holding. Billy put the view to him that he should feed the ducks while they were quacking, and in a moment of weakness he agreed. He is, of course, more astute than Billy, who sold at 2.9 while his mate was buying. Suspect that Billy's mate won't be able to help himself and will re-load in the mid 4s.
