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Strategies & Market Trends : Lizard King's Trading Swamp
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To: ElGator who wrote (5856)4/8/1998 1:59:00 AM
From: Carl Worth  Read Replies (1) of 7396
 
If anyone finds out which fund is liquidating APSG, please post the info here, as whoever runs that fund doesn't seem to have much savvy, judging by the way they are selling their position. Instead of selling a few thousand shares at a time, they are hitting the market with blocks each day and scaring everyone else out of the stock, dropping the price further, thus netting themselves less for the remainder of their shares.

This would certainly not be a fund I'd want to own.

I don't own APSG, so I have no axe to grind. In fact, their action might help me get some shares at a decent cost if the stock can hold up and bounce.

Of course, there is always the chance that the fund story is untrue, and the stock is falling because someone knows something, hopefully that is not the case.

Carl
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