Post news release transactions on TDC stock
posted on
Jul 16, 2009 12:46PM
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Interestingly, yesterday there was a huge number of shares dumpted by
"anonymous" just before the close, crashing us down to 10 cents. Now, with it closed, guess who has to buy shares? -- Loewen, Ondaatje, McCutheon....the very guys involved in the private placement are now buying shares? Does this mean they may have short sold? Or they may have sold more than the placement allowed...or they need to square positiosn...or they love tyhee and are buhying more.
Anonymous is also buying shares back, however there may be more than one anonymous!
My bet is that they short sold us down to get a lower price in the offering. I would like to know if this is true. If so, I hope we don't use them next time.
My take is that much of the share price doldrums relate to this private placment being manipulated by those involved in doing it for Tyhee, and I hope to see strong action by DW to avoid this in the future, or cut them out of future placements.
We have good value here, and do not need to be harmed by vultures. dow we?
Now I'm watching for DW to buy more shares, to resume his normal pattern of picking up a small number mostly each month. some may think 40,000 shares is small potatoes, but it makes a diffierence to see CEO buying, and we have so little volume as it is.
I'm tapped out again for a while, another vacation starting tomorrow! But I think Tyhee continues to sail west to the New World!
SKELEG