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Re: mcsharkey post# 35970

Friday, 02/27/2015 8:55:17 PM

Friday, February 27, 2015 8:55:17 PM

Post# of 58840
McS, You are awesome . You have been shouting for deep pocket buyer.Where did you hear that deep pocket buyer will grab the shares..Any link?
Looks like somebody bought 5% to 20% of shares

Here is the definition of form 13G.

DEFINITION OF 'SCHEDULE 13G'
An SEC form similar to the Schedule 13D used to report a party's ownership of stock that is over 5% of the company. Schedule 13G is shorter and requires less information from the filing party. Ownership of over 5% in a publicly-traded stock is considered to be significant ownership, and therefore must be reported to the public.

INVESTOPEDIA EXPLAINS 'SCHEDULE 13G'
To be able to file a 13G instead of a 13D, the party must own between 5% and 20% in the company. It must also be clearly understood that the party acquiring the stake in the company is only a passive investor, and does not intend to exert control. If these criteria are not met, and if the size in the stake exceeds 20%, a 13D must be filed.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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