RE:IMCC Managment - Stop Blaming the Market Trends!!
CEO bought almost a half million on the open market at $2.85CDN, which is practically book value for the company. Likely did it because soon after would be a black out period between reporting events. I expect news soon of Highland and Wagners being sold in Quebec. Within a few months there will be big news out of Germany. I need to clarify if Israel has changed rules regarding imports and how Focus contracts are affected. Everything you've listed is true. Management and institutions own a large portion and it will not be easy to roll this private again. Someone else may step in, and in that case you will see some big jumps just like when news of MYM buyout was leaked and it whipsawed. I've been happy to bring my average down each chance I can.