very disappointed in you sandybeaches!, page-2

Subject re: biddle had previously showed his hand...
Posted 10/08/05 21:35 - 94 reads
Posted by trade4profit
IP 144.139.xxx.xxx
Post #678156 - in reply to msg. 678106 - splitview

wiza...

A little digging shows he bought 1m options and converted them into shares, giving him a total of 6,099,391 shares.

He then appears to have sold all of these from about 4.3c down to 3.6c....all of which must have occured prior to August 5th (including the options purchase and conversion)

Here is the breakdown...

Bought:

Options - 500,000 @ $0.0245 per option
Options - 500,000 @ $0.22 per option (???)

These options were converted and sold below the 4.2c level...which means the options must have been bought during the previous spike, converted and then sold as fully paids prior to August 5th.

Sold:

750,000 @ $0.01303 per ordinary share (???)
250,000 @ $0.013 per ordinary share (???)
1,000,000 @ $0.04 per ordinary share
599,391 @ $0.042 per ordinary share
1,500,000 @ $0.041 per ordinary share
1,000,000 @ $0.0418 per ordinary share
600,000 @ $0.0377 per ordinary share
200,000 @ $0.036 per ordinary share
200,000 @ $0.037 per ordinary share

Total = 6,099,391 shares.

I think the $0.013 figures are typos...looking at the above list, it appears to be sequentially listed suggesting they should possibly read .043c?

Anyway, as you can see from the above figures, it appears he must have finished selling prior to August 5th at the very latest...pretty much the day before the important NT related uranium announcements came out.

LOL...seems not only did he manage to sell at the very bottom, but he also found himself out of the stock for the big news items.

Don't you just hate it when that happens?

Might teach him to stop trading the friggin stock and allow his investment to work for him!

Loser!

Cheers!

Voluntary Disclosure: No Position Sentiment: None TOU violation




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I feel an apology is in order to the thread sandybeaches!
wrxsti