OTCPK:MGMXD - Post by User
Comment by
veracruzon Nov 29, 2014 12:30pm
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Post# 23177103
RE:RE:RE:15 million shares wow 3 % of company
RE:RE:RE:15 million shares wow 3 % of companyAwesome Thanks ! Positioning is all relative to financial size. Beaty buying 15 mil shares of AXY is not that big of a deal. But an insider positioning to 33 1/2 % is the type of thing that can cause a run-up way above valuation or what a calm investor would pay. I CAN'T WAIT FOR MONDAY! What will happen? Was he fending someone off, or does he see something coming? Anyways 2 mil, thanks for the Saturday morning coffee read, hope you get your 2 mil from AXY.