06-04-2013, 09:38 AM
Hey, I don't know who sold any at 107, but it was there for maybe a minute so I don't think anyone can time things that well. If you could you wouldn't be posting here. Also, no one knew what to make of the pr and the implications. We can just as well be sitting at 120 right now.
As for me, I am a buy and hold kind of guy. I can stomach these drops cause I am in at a much much lower price. I do not look at the daily fluctuations because I would be a wreck if I did, or out buying cars.
Regarding the title of the thread. Chandler buying 17 % of the float and his friend Paulson tagging along, together outnumber insider holdings. If management is not performing to appropriate expectations, we have investors that WILL become activist. These guys are pros and Chandler knows the business well. Lackluster performance will NOT be tolerated.
As for me, I am a buy and hold kind of guy. I can stomach these drops cause I am in at a much much lower price. I do not look at the daily fluctuations because I would be a wreck if I did, or out buying cars.
Regarding the title of the thread. Chandler buying 17 % of the float and his friend Paulson tagging along, together outnumber insider holdings. If management is not performing to appropriate expectations, we have investors that WILL become activist. These guys are pros and Chandler knows the business well. Lackluster performance will NOT be tolerated.