OTCPK:MAUXF - Post by User
Comment by
mousermanon Jul 29, 2015 4:35pm
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Post# 23973409
RE:Midwestern
RE:MidwesternI highly doubt MW is buying thru Morgan Stanley. With these delays in the financings , they would be ripe for a lawsuit if in fact they were accumulating shares at 60 % or so below their proposed buyout offer.
No the buying is a fund ran by MS, who happen to sport some of the best returns in the business.
They have contacts in the business all around the world. Follow the big money and make some nice profits....
I noted they have been buying even more aggressively under .50 here. If this continues til end of August , they will likley be able to pick up another 5 million shares at minimum.
Hard to figure the sellers strategy here. Maybe margin calls are forcing some of the selling as energy sector is getting thrashed. Too many traders buy on margin, and then when the value of theri holding fall too far, they are forced by their brokerage to dump their holdings...
Lucky for MS, and the others who are buying here under .50
THE DEAL WILL HAPPEN, just have to be patient.