GREY:SLKEF - Post by User
Post by
surething1111on Dec 15, 2010 9:57am
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Post# 17849077
Is This An Achievement?
Is This An Achievement?"Now, lets take UMJ. UMJ, of which ISM now owns approximately 10,000,000 shares traded a brisk 2.7 million shares today at 18 cents. Almost a full dime over the price that they acquired the majority of those shares "
Victor,
Do you suppose Doingthejob considers this an achievement? IMO, it wouldn't be particularly impressive even if they were able to offload the UMJ shares at a 0.10 profit. But they haven't sold, so they are left holding paper, just like all those who didn't sell off their ISM shares. Only difference is, on paper those holding the UMJ shares are up, but those left holding ISM well................
I'm not sure how one can attribute the increase of UMJ share price as an achievement to Randy Miller. Didn't Randy Miller just publicly state UMJ is in need of a slate of new directors? Yet here we have Doingthejob patting Randy on the back for what UMJ's current BOD has accomplished. Did it never occur to anyone that some of the recent share price hike could be attributed to ISM buying? Wonder what will happen when, or if ISM choose to sell.