GREY:MIGGF - Post by User
Post by
ZeroZeroon Jul 12, 2011 4:25pm
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Post# 18824256
Buy Back
Buy Back
The management has done all the buy backs so far at less than $4.50 per share.
The share price again fell below $4.50 today.
Let us see if the management comes back in to buy some for cancellation today.
If it does, then I would tend to assume that $4.50 is the critical support level
as far as the mangement is concerned.
If they don't, then I would say that the management expects the share price to fall further.
...just my thoughts.