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Re: newmex post# 79122

Tuesday, 08/16/2016 8:23:10 AM

Tuesday, August 16, 2016 8:23:10 AM

Post# of 80868
Decided to seek the source of this "quote" and lo and behold, it's goldbergstein AGAIN. From seeking alpha:


"goldberg-stein
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It's time for a 15 month report card on Ryan Drexler as Executive Chairman/CEO

It's been 15 months since Ryan purchased his MSLP stock

Ryan bought 1m shares on the open market at an average of $4.13 and another 400K shares in a private transaction with Wynnefield Capital @ $5.48

So average cost basis of $4.52 on 1.4m shares.

Ryan is down -56% on his MSLP stock purchases that today are worth $2.8m (if he could actually sell his stake without driving the price down to $0) after investing $6.32m"

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