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.
Non-Tech : Wolf Industries (OTCBB:WLFN)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Tony who wrote (35)8/12/1998 2:43:00 AM
From: Tony  Read Replies (2) of 114
 
First hypothesis:

a - under the term of the license agreement, Andrews Engineering would be able to trade ~89,000 post-split shares as of August 8th.
b- For whatever reason, they decided to sell, and did so in small lots.
c- once detected, this caused a generall sell off, causing the drop.

hopefully this can be confirmed or the actual reason found.
-Tony
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext