RE:How to find a ten bagger…It's a great article Doug, I agree with everything said. Where the cookie crumbles is Burmi unloading massive blocks of shares keeping the price surpressed with Gold running to new all time highs. At this point, they (Laurion MGMT) should either relieve him of his board duties or tell him he can no longer sell. I can't imagine he's critical to getting any meaningful deal done so he should be sacked. It would send a positive message to all the shareholders, he's not important to the end goal and his constant selling is creating a reckless environment for the remaining shareholders. We should be back trading at all time highs right now, not testing the lows again. Enough is Enough, Cynthia needs to fire him!
Do the managers and directors own a significant number of shares versus the “float,” or the outstanding shares owned by retail investors? Another way to put this is: how much skin do they have in the game? Coming up with a rule of thumb is tough, but Fulp thinks 50 percent of a company’s outstanding shares should be in the public float — which shows both management commitment and is enough to generate a volume of shares traded that can cause the stock price and market cap to substantially increase.