Post by
Jentai on Jun 02, 2012 8:21pm
Cynical at best...
Ok my friend Ricky. The fact that "institutions" own a fair share of the company is not necessarly a good sign. They can sit on the bid for ever and they do not rush in. Is is why we are still sitting at this level. No excitement whatsoever. An OCT listing is also a bad joke: it is a very poorly regulated exchange and do not send a very positive message to "serious" investors. Last week performance was not bad but the execution was amateurish at best. Shares of a company listed in two different countries usually move in tandem. it was not the case for Medicago last week when the OTC listing did not buldge at all. Not a very well executed " manipulative" move. MDG shareholders will still suffer for a while while Sheldon and his cohort are still being very well overpaid. I expect that the actions will be on gold and silver stocks in coming weeks.
Comment by
beenthere on Jun 04, 2012 6:21am
Why do you think insiders only hold 2%?