Post by
barrywhit on Jun 20, 2023 2:59pm
share purchases
I see Akiba has bought 2 tranches of shares.. Sell high and buy low..Isn;t that almost like a a form of shorting...Well done Akiba .. at least he owned the shares he sold...
Comment by
novatime00 on Jun 24, 2023 11:44am
so, buddy gets a fund to buy in, get stock price to 2.5 and change, kicks some stock, fund sells off stock buddy buy back in. ok at least we know there is someting happening
Comment by
barrywhit on Jun 25, 2023 10:46am
Thats where we differ Method, i don't expect the CEO of a company to trade shares in his company ..They have insider information, thats my opinion....
Comment by
barrywhit on Jun 25, 2023 11:32am
I am not saying our CEO has done anything wrong, i just don't like to see it, that's all....
Comment by
Method on Jun 25, 2023 4:31pm
In Mako's case, everything including the index moves are transparent. You know exactly what's going on too. You are applying a heuristic where it doesn't apply. If you think it's an effective strategy, you could just use it as a signal. If you don't think it's effective then it doesn't matter.
Comment by
barrywhit on Jun 26, 2023 3:17pm
Whats going on with MAKO is certainly transparent, the selling is relentless, if this continues this week we could be down to a dollar. ALL sells on the OTC.....
Comment by
Method on Jun 26, 2023 4:25pm
We certainly don't have any buyers in a rush but relentless selling is a bit dramatic. 0.06% of the shares traded today, I think they sell because they are frustrated like you are. Not exactly a fundamental reason but markets aren't efficient, are they?
Comment by
barrywhit on Jun 26, 2023 4:43pm
Method, there has been relentless selling for weeks, there is probably 25 to 30million shares in free float. Perhaps Wexford are buying the stock to take MAKO private, who knows whats going on in this transparent company
Comment by
novatime00 on Jun 28, 2023 1:55pm
So how is everyone doing. :)
Comment by
barrywhit on Jun 28, 2023 2:17pm
Marvellous Nova....everything is Hunky Dory...