One of the large firms made a CYCH purchase today (transaction?). How can that be?? The thing that throws me is that there are still alot of Institutions holding significant amounts of shares. I would have thought they all would have sold long before this. i guess they're in the same boat as us ....
Are you sure it was a purchase? Any way to tell if it was a sale?I have no idea if large institutions have some sort of agreement allowing them to sell stock back to the company... but maybe thats it. Can employees sell it back to the company?Im not an employee, but I'd sell my shares at 1/2 if I could, its better than nothing.
I agree. Here's the link:http://www.companysleuth.com/report.cfm?moduleID=32&ticker=CYCHLooks like J.P. Morgan took a position......
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