Post by
BLUEBERRY5 on Sep 19, 2023 3:16pm
MBX
The high volume has most likely something to do with the passing away of its founder.
The family may want to sell remaining shares held in an estate.
The 52-weeks target price of this stock is $0.90.
Comment by
rjc7 on Sep 19, 2023 9:15pm
From what I can remember, Bill Gastle held circa 6 million shares. If that's the case there should be a lot of volume going forward for a considerable time frame.
Comment by
Method on Sep 20, 2023 3:08pm
Do you know the intentions of who will be inheriting the shares?
Comment by
rjc7 on Sep 20, 2023 3:27pm
I have no idea who will be inheriting the shares or what will be done with them.