Search results

  1. E

    Rost Ceo Sells 25% Of Stake

    I take it you meant "verbiage". Well, you know, I don't place much stock in charts, so we have to part company on this. As to the sale: He hasn't reduced his position in this company for over a year as I can see. Now he has done so dramatically. I take that to be a significant event...
  2. E

    Rost Ceo Sells 25% Of Stake

    This is really a very short article, and I should say at the outset that I'm short the stock. Now, having admitted that, let me tell you why. This afternoon around 14:30, Michael Balmuth, the CEO of Ross Stores, sold approximately 100,000 shares - or roughly one fifth - of his holdings. The...
  3. E

    SHA (amex) - Next China Stock Winner?

    Volume has picked up now that Atorka started buying again. I'm curious to see in the coming days whether all the buying was them, or whether there are other large buyers. David H.
  4. E

    SHA (amex) - Next China Stock Winner?

    wixen2000- I forgot to congratulate another great mind :D . Having said that, you omit the outstanding warrants in your calculations. They are in the money, which means that everything has to be calculated on a fully diluted basis. Looked at that way, Atorka owns 10% (though they own...
  5. E

    SHA (amex) - Next China Stock Winner?

    Way to go wixen2000! I worked out exactly the same logic. May I recommend the warrants, which in addition to all the factor mentioned in your posts, are trading at a discount to intrinsic value. See, http://finance.yahoo.com/q?s=sha-wt
Back
Top