UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev | Next
Author: wayjo One star, 50 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 6186  
Subject: Re: ARB - How the Funds Buy Date: 1/31/2002 3:00 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 2
Harmy, I don't regard this as manipulation and I don't think they would short a stock like ARB - there's just not enough liquidity to do that.

I do agree with Barcoo, if you understand and have confidence in the company then the selling down provides the buying opportunities. Indeed, in a lightly traded stock like this the few thousand shares that Perpetual sold may be 50% of the stock available to buy at any given time.

As I said I don't think this is manipulation it just shows the strategy a big investor needs to use to get a good position in a stock without driving the price out of their buying range .

They did a very similar style of buying in RG Capital (REG) as well which I was also going to show but no-one ever mentions that stock so I didn't put it up. It's another little company I like.

Regards
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (8) | Ignore Thread Prev | Next

Announcements

Post of the Day:
Value Hounds

Medallion Financial: TAXI!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement