Senior date Sorø

This saw a positive feedback loop of further share price appreciation and further media coverage of the Soros story on Thursday, such as that in Barrons and Marketwatch.

senior date Sorø-13

Even if bankruptcy is avoided, the companies’ bonds suggest that the shares are wildly overvalued and should decline to levels below Tuesday’s close, before the Soros stake silliness started.

Specifically, it held 553,200 shares in ACI (value in 13F listed as 8,000) and 1,029,400 shares in BTU (value in 13F listed as ,254,000).

For the sake of clarity, given that ACI completed a 1 for 10 split on August 3, the stake in ACI (if still held) is now 55,320 shares.

On Monday, August 17 and Tuesday, August 18, trading in ACI and BTU was largely uneventful.

BTU traded on low volume on both days and closed at .12 on August 18 compared to the Friday, August 14 close of .13.

ACI closed at .47 on August 18 compared to the Friday, August 14 close of .26, however with the company having only 21.3 million shares outstanding, a 17% move for a stock with a market capitalisation (at the time) of under million is unremarkable.Media hype and the Soros silliness starts On Wednesday, August 19, Fox News picked up the "news", and published an article about SFM taking a stake in the two companies.This led to gains in shares of ACI and BTU, which resulted in additional media outlets picking up the story later on Wednesday.24/7 Wall Street published this article and The Guardian published an article, too.On Friday, August 14 at 4.03 pm, Soros Fund Management (SFM) filed its 13F for the quarter ended June 30, 2015.The 13F revealed that SFM held stakes in Arch Coal (ACI) and Peabody Energy (BTU) as at June 30.