Re: Any logic to the recent extreme volatility?
in response to
by
posted on
Feb 22, 2012 08:15AM
"and liquidated a big chunk of their holding in the company..."
It's not that he liquidated......Jerry distanced himself from the Davric Corporation having had 7 million shares of reporting interest.
Davric is recently not part of his reporting interest, where that 7 mill short fall puts him under 5% ownership. With that, Davric purchased 1 million shares just prior to its dropping from view.....Davric was an interest building a position over the 4 years that I tracked.
As I see it, he is simply now under the radar.
doni