Club Mulgoa

Monday, May 13, 2013

KAR

I thought I got KAR at its cheapest today.  No, I didn't.  Someone sold a lot of shares today.  But after that early flurry of selling, the share price never went below what I paid for.  In fact, it went even higher.

What does this mean?  Someone dumped at whatever price, and then later the market was buying up.  The seller is crazy unless it is illegal via inside information.

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