RE: What a joke! ""MTB has to participate in the Red Cliff or it will be diluted to nothing under the JV. I'm sure the shareholderds do not want that. To maintain their interest, MTB had no choice."
Very contradictory statement by MTB management. Last fall they announced they were letting their % of Redcliff Slip, because they didn't want too spend to much money on the property. Now after they let 5% slip away, they feel it's important to dilute MTB at the bottom of it's trading range in order to fully participate in RedCliff.
I hope the exchange reviews the emails I sent today. I feel there should be a full investigation of MTB & DEC's trades over the last 6-9 months, and especially in regards to ITG and Fidelity's suspicious trading. I would love to see some action from the exchange, but they usually end up protecting the company's more then the shareholders of those company's.