Re: Eastern
in response to
by
posted on
Aug 13, 2019 09:20AM
Very happy about the KD/Eastern news. Totally get that it could be a quick profit play in the works potentially/possibly, but yeah how can you get rid of 5mm shares in this tight market? Or, it could be a minimal additive bet given their relative capital/financial size, for a home run potentially ... I hope the latter is the case. Good to see the big players, continuing to play ball with RVX when there are other options out there, at this juncture.
But yeah, even the super rich are very smart and diligent with their doubloons, that's how many got there, and STAY there. So, I think this is a bull-ish sign as well. Eastern already owned enough, with enough skin in the game to do quite well without further risk, just sitting and waiting. Yet, they have chosen to exercise additional opportunity at a cost, for more opportunity of some kind. Yeah, we will see what they do with those shares, but thinking they will hold them and that would be a great sign. I do believe entities like Eastern, HL, Third Eye and some others are HIGHLY likely to be getting some level of information that isn't on the street, along the way ... even if discreet, and without conviction, to gain an "inclination" of what is going on. I had been mildly concerned that we have not heard much about Eastern, so this is welcome news ... for now.
Would love to hear what Rothschild has been busy with, on their retainer, as well. I will ask Ken Dart if I accidentally run into him at a Browns game! Since we run in the same crowds (not) haha :)
And yes, while focused on waiting for TLD, and knowing that will be "everything" as a "fulcrum" to up or down, and probably in a big way ... it does "feel good" to see some "up" days.
JMHO's ... tick tock