RE:RE:RE:ROI - All in the family? Pandora wrote: Pandora wrote: Trading since Xmas:
Keep in mind there is one individual from House 84 that buys 1 or 2 thousand almost each and every day each week.
He/she has been doing that for at least 3 years and maybe longer. Must have a boatload of shares. Presumably management knows the individual eventually he/she will own the Company. There are 42.5M shares out. Between the CEO and this individual they must own the bulk of the shares.
I often wonder why the Management just doesn't buy us out for 10 cents per share and take the Company private. Cash flow keeps them confortable although it does nothing for investors. Looking at the performance over the past 4 years there appears to be no reason to have public shareholders - imho. I would assume the only reason at this point in time would be in the event of wanting to do a public financing for some unknown reason. Again just my humble opinion -- we no longer appear to be a growth Company.
A quick google shows that # 84 is a brokerage. It's called ITG.
Mabe ITG is the market maker on ROI - buying on it's own account, hoping for a market for dead stuff some day but obviously not spending anything real on it.
Or maybe it's 2 of the ROI family members who both have accounts at ITG - the seller wants out and the buyer wants in but only wants to spend a part of her lunch money every day?
Or maybe 30 bucks a day buys a simple 5th dimensional mirror to reflect a dull light out from (what would otherwise be) the space-like emptiness of ROI land?
Whatevzzzz
dyodd
knowjack