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To: ed doell who wrote (6639)9/17/1999 3:49:00 PM
From: Mike Fredericks  Read Replies (1) of 13157
 
Regarding detecting whether or not Tudor is selling:

Impossible to know for sure before the mandatory filing. They disguise their selling behind several MMs. And I believe that once they fall below the mandated % they fall off the monitoring screen altogether

Again, I believe it was the Athiest who gave the original statement that he knew for almost certain Tudor was selling, and then it was confirmed by the filing - he said he knew Tudor was selling because they use a specific MM and that MM was always selling stock but never buying.

Take that with a grain of salt; I was very skeptical initially when Atheist made his original statement, but Art supported him wholeheartedly. Art gave his typical "shut up Mike" comment when I questioned Atheist when Atheist had claimed Tudor was buying again (this was before the runup to 14-16).

My position is who the heck cares about Tudor, he's only one buyer/seller. We can't blame any negative action on Tudor selling nor can we attribute any increase and optimism to "Tudor must be buying again, thus there is some good news we don't know about." All we can do is, when the filing comes out, use hindsight to try to explain why certain events happened.

-Mike
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