RE:RE:RE:RE:Morgan Stanley took 1M from askNo matter what happens it will trade at a discount to cash value. My guess is this tops out around here. Once people get paid out the .145 cents per share the stock will be adjusted to 10 or whatever cents and then trade based on what the company is doing going forward. They are already burningmoney on a idiot office move for the convience of the new directors. How about they move and save the share holder the cash.
I'm blown away someone came in buying this many shares but soon as that's done watch out you don't get caught sitting on your shares and this thing languishes trading far below cash value like it has been the entire time. I think today is a one off of perhaps one of these new directors getting a position then we'll be back to the 100k volume per day again. Take your easy money and run worked great for me!