Post by
mrmarketman on Feb 25, 2011 4:23pm
Google E. Graeme May....
He is the person who P.Pd about 9.2% of Monexa Tech....And sleep tight,
Of coarse after you have pulled your sell orders......Could be PAYDAY...imo
Comment by
Winny1 on Feb 25, 2011 5:08pm
Mrmarketman,Are you hearing a buyout offer as well? If so, what would be a reasonable valuation on this Company? TIA
Comment by
IPX2006 on Feb 25, 2011 5:20pm
reasonable valuation is 4 - 6 times revenue but some are selling for as high as 13 timesresearch some SAAS aquistions in past 12 - 18 months...I posted an article on this exact topic a while ago.
Comment by
Winny1 on Feb 26, 2011 2:37am
Thanks IPX2006, for the reply. I bought in at 10 cents before it went higher today. Should have sold a few. I think some people took profits because of the weekend. If Monday continues to show similar trading, then there must be something going on. Likely rumor of a buyout that made the share price move up from 5 cents to 16 cents?GLTA