You may want to explain to some of the newer posters here what those term means.
Yes I have thanks. I agree that Instos look for liquidity off-market, but that doesn't stop them operating on-market also, which they do. Off-market crossings happen but they must also be reported through the market. And there hasn't been much of that.
Well done allfromacell .....done better than Akane
Maybe Akane should answer Entreps question as well.
Sorry to see you attacked by a couple of naughty boys yesterday Winner.
It wouldn't have happened if you still had the cat.
one stern look from him kept all enemies at bay!
Somehow Pooh bear looking down like a bear market doesnt cut it.
Never mind bring back Buck, please just bring back the cat.
He must have 8 lives left...
Yes I have thanks. I agree that Instos look for liquidity off-market, but that doesn't stop them operating on-market also, which they do. Off-market crossings happen but they must also be reported through the market. And there hasn't been much of that.
Ok - I got you now.
Agreed that instos operate on-market too.
I am referring to when they have squllions of shares - they typically look towards the brokers to offload or load up via off market crossings.
In the case of SKT, I believe what we are seeing is that the instos look at the liquidity and you are right, there has actually been relatively good liquidity which has allowed them to dump stock when the bids built up sufficiently to take out the volume.
1 - The satellite business was once very profitable is now just somewhat profitable.
2 - The streaming business is currently not very profitable but over time it maybe very profitable.
But Ogg didn’t put a value on the seperate businesses
Maybe he’s right ..the sum of the parts is worth more than the whole.
586000x$82monthly average spend sub satellite
576mill
Streaming dont know average spend. So let's just low ball $10month.
415000x$10monthly
50mill
Obviously over a year.
Taleb in Fooled By Randomness had a good story about a dentist looking at stock prices too often. The moral was the more times you looked at them the sadder you'll be .... even if your portfolio is increasing.
SKT since Christmas - 73 down days and 45 up days
So if the dentist held SKT shares and checked its share price each a day there would have been 73 sad days and only 45 happy days (and a few hum hum days)
If he had only checked it today he would have experienced only one sad day (and a really sad day it would have been)
Looks like today is a sad day for most of us
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Originally Posted by KJMLimited
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