On NH, I do not have a company specific fundamental reason. However, if you look at the blocks there have been 2 adding up to about 200,000 shares at 9 1/4, and one for 50,000 at 9, plus a bunch of other small ones. If an institution wanted to get out and had 500,000 share to sell, that would account for the trading. But then in a month from now the stock should have recovered. Therefore, if it does then that is probably the explanation; if it does not then there may be something else.
If there was something catastrophic, I think the end of January release would not have read the way it did, and the recent dividend declaration would have been used as an opportunity to revise expectations. |
