GREY:MDCGF - Post by User
Post by
fatboy92on Jul 15, 2013 10:55am
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Post# 21607561
Why are we in such a hurry to sell?
Why are we in such a hurry to sell?Because long time shareholders have been screwed over by management and Philip Morris for the the past 2-3 years now. Ever since MDG hit the previous all time high around .86 this stock has been controlled and manipulated by those that wanted to keep the share price down exactly for a takeover. This has been mentioned by many for years and was fully expected. Philip Morris just needed the right partner if they were unable to complete the takeover themselves. MDG should have been in the dollars a long time ago, many longtime shareholders got so fed up with this crap that they had unloaded many of their shares out of shear exhaustion. Except Ricky! And now people are saying why be in a hurry? Your money is wasted here, it's not going up anywhere, it's worth $1.16 a share if you hold until paid out and $1.14 at market right now. That's it and those that are buying it are scalping all the shares for a 2 cent profit, end of story.
There are many more companies out there poised for a run, with less outstanding shares, where management hold a large percent of the company, not like MDG! You can buy many multiples of the shares you have here and look forward to more profits.
My two recommendations would be ICO and NCI both on the venture.
Thanks for the rant.