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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (41983)3/27/2011 8:11:49 AM
From: valueminded  Read Replies (1) of 78717
 
Clownbuck/All:

I did some digging and please explain this too me:

How did Hap Trading Company, LLC manage to acquire 6.2 million shares in January of this year at 0.13c per share ?
Why did they sell about 600,000 shares in February and again 600,000 in March ?
Has the company clarified its relationship with HAP, I mean after all, if they acquired that many shares at essentially no cost, seems to me the company had a hand in it ?

I noticed another one of HAP's holdings "FEED" another Chinese company they seem to be selling and also which is going down.

Do you think HAP is selling for insiders ? This is very suspicious to me. After having been burned on a couple of Chinese companies, I see absolutely nothing but red flags.

Just my opinion of course
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