Legg Maison took profit few weeks ago reducing their stake to below 5%. Their cost is $0.13 per share about 2 years back. With the entry of Blackstone as an investor and lately Fiderlity join in the game and emerged as a 7% substantial shareholders, this stock is getting interesting.....
Last edit: 14 years 3 months ago by niadmin. Reason: shorter headline
China Animal Healthcare ($0.31) has seen increase in trading volume on up days and decresing volume on down days....stock seems to be breaking out of its range soon....
I imagine the management of China Animal would be scratching their heads in puzzlement - why the hell did their shares fall so sharply after dual listing? Now only 35.5 cents. I am also puzzled .... maybe it's due to buy on expectation, sell on news. There would also be panic sellers as they had bought in anticipation of a further rise in stock price but instead it fell. Anyone thinks it is a good time to pick up the shares as a bargain? Bargain or not?
Stock got hammered blue black, now may be recovering. This morning some friends got into it, but I dont like the price still. Gotta go lower for me to get interested. How about 33 cents anyone?
China Animal Healthcare is a pretty ok stock, now cheaper than before at 27 cents. Blue chip in the making, if they can deliver on the promises. Good sign that 3 Jun, Fidelity increased its stake from 8.98% to 9.01%.
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