SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jeffbas who wrote (8575)10/9/1999 4:47:00 PM
From: James Clarke  Read Replies (2) of 78751
 
EBSC came public about two years ago, then did a secondary - both offerings at much much higher prices. Clearly there is the distinct possibility that we are just seeing these shareholders dumping a bad investment, a tax loss is all the more reason. At some point, this selling has got to dry up, given that big buyers (including the company itself) have emerged to absorb the shares at 6 or so. By January, barring a MAJOR earnings disappointment, I think this stock will be set for a big move (i.e. it will all be held by investors who aren't going to sell for less than 9). That's what I think is happening.

JJC
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News