InvestorsHub Logo
Followers 248
Posts 14689
Boards Moderated 1
Alias Born 04/06/2006

Re: Vigo post# 2534

Thursday, 03/31/2011 7:31:56 PM

Thursday, March 31, 2011 7:31:56 PM

Post# of 15015
post by stockrider
Wednesday, March 09, 2011 2:40:52 AM

Sylvana Costa Manning is wife of Greg Manning who found the company Greg Manning Auctions Inc. (NASDAQ Ticker: GMAI) that was later sold to a Spanish Company Escala I believe. Greg Manning Auctions was a NASDAQ company in 90's thru early 2000 and made $160M revenue annually. Its stock traded at $30/share. That company acquired lot of small auction companies including diamond auctions companies, stamps, etc.

Sylvana and Greg Manning have been buying VLCO stock since november for a good reason. You can see now why she and Greg are buying Valcom Shares as reported in the recent SG15 filings. They bought almost 70% of the OS (~35M shares out of 50M OS) already and only 15M shares more to go to buy the entire float. Something huge is brewing behind the scenes and could be the reason for the high volume lately and the pps movement upwards imo. Also don't forget that the float is shrinking at an alarming rate monthly since november due to Mannings buying and one more buy of 5 to 10M shares from Greg and Sylvana can shrink the float to nothing
Chart looks great and once this breaks penny this will run wild

Remember this is worth atleast 4M marketcap based on net shareholder equity alone as shown in filings(equivalent to pps of 0.08 vs current pps of 0.009). This is not counting any new developments happening behind the scene, the reason for the huge insider buying last few months


http://www.google.com/search?hl=en&source=hp&biw=1015&bih=629&q=%22greg+manning+auctions%22+escala&aq=f&aqi=g-v1&aql=&oq=

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.