OTCPK:MAUXF - Post by User
Post by
biren1on Mar 12, 2013 12:10pm
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Post# 21116439
interesting trading today
interesting trading today News out stating common shareholders get $0.05 per share dividend, which sounds like a positive to me as it implies good cash flow, and quick return on investment to those that are holding. Yet very little movement in the price today. Could be the mm's are trying to bottle up the price, or even consolodate it downward a bit more in order to scoop up some more shares prior to the dividend cut off date.
Personally, i think this is a no brainer. Bought some today at $2.06, and have more cash on the side to load up more if it drops under $2. Just have to hold the stock essentially for a week or so till the 21st, and then guaranteed to get a decent return with the dividend.
GLTA