Re: Anderson off 800,000 at..
in response to
by
posted on
Feb 11, 2008 09:57AM
The company whose shareholders were better than its management
Ahead 12
If he announces he will sell 800,000 shs. sometime soon like during the next quarter, the result would be a lower share price. What would you do if you were thinking of buying & you saw this huge pending sale? I would think because of the lack of small buyers the stock would drift & be lucky to hold $7.25 until news the stock was sold.
My optics tell me Pat Anderson is a very bright guy who was smart enough to sell 20% of his holdings. ARU is a speculation!! Who knows what the politicians may do!! The fact that he took some off the table gives me more confidence he has the smarts to get me through these hurdles. If he can't look after himself how the hell will he look after me!!
Regards
Joltin