RE:RE:what a nice changeSpidey
in June of 2015, Msl did a bought offering at 3.00
dollars
The under writers , the banks are liars and cheaters who not only take a commission for funding services
They also have like a warrent to buy within a certain period x shares at x price
The sales force cleverly disguised as your broker is instructed to buy and sell a certain allotment to sell to your clients
They run the price up to the bought deal price , exercise the options resulting in a further 20 percent commission of the over all bought deal that the institution sponsered
people who bought the bought deal , the retail investor is a bag holder
for a long period of time
In The spring of 2015, Msl reported a sales of a certain product way above its normal amount
To be fair fishman called it as higher than expected but the analyst community did not drill it down
August of 2015, the next earnings release started the downward spiral
I stayed with the stock because fishman never lied,
In fact he is very transparent as is his new cfo
This stock if it ever can catch a break could be a ten bagger
1.50 will be reached in no time, over 2.35 by end of year or better