RE:RE:RE:RE:RE:RE:RE:RE:How's L2 looking? I wouldn’t read into it that much, but it is something to keep an eye on.
I guess you could look at this as a negative or a positive. When a single entity is accumulating this much of a company’s worth they start to approach a positon of great power. I feel Mackie could be nearing a point where they could offer an easy hostile takeover to an interested party. Maybe that is something they are doing right now? It would be nice to run Charlies report on Mackie and go back for the life of Tinley’s trading to get an idea of just how much they accumulated before jumping to any conclusion though. It is clear they are slowly chipping away at smaller buys to go un-noticed. Being they have made almost no sell trades this tells me it is likely a single entity doing all of this buying.
My last point of concern is if Mackie decided to either sell or chose to hold this stock down for whatever reason they certainly have the power to do so. Regardless of that being a manipulation strategy or an overall sell off strategy Mackie could certainly make things ugly for us should they choose. Lets hope that Mackie plays nice.