Management will not break the habits of a lifetime and buy any shares here because they know the stock is range-bound for the indefinite future with all the options they gave DMRJ. Other than a re-fi of DMRJ/BAM the only way out is to get some Institutions interested in taking some millions of shares off DMRJ's hands but none will be interested until you start showing some profitable quarters and your first potential one is the first quarter of 2015 which won't be reported until May 2015.
You all asked why DMRJ were selling before, well today is an answer, they have to sell when volume tips up at whatever price so they can't be choosey about the price. Your stock's current fate was sealed in December 2009 when Buldoc let it go all the way to DMRJ loan default and then had to agree onerous terms to carry on, the current Faustian 8c option deal. Your stock will never hold its gains as DMRJ sell all the way down to 1.18, their highest options price and then stop.
So unless there is a re-fi that take DMRJ out then to make money on this stock you have to play their game, sell when future pops fizzle out all the way down to 1.18 because as sure as night follows day DMRJ will return it to 1.18 every time. Then re-load at 1.18 if you fancy playing the game again further down the line and still like being a long for the future as at least you would have booked some profit along the way.
Talk of buyouts are just fantasy long-shots as the company is just too expensive with its diluted capital structure and has too much debt. Morpho's GAO compliant plus the introduction of its and Smiths non-radioactive products shows the clock is ticking on your current technology too which any prospective buyer would have noted. Whatever you think of the technology here there is no doubt that the company has been financially badly run for many years now and the past, current and future stagnant stock price is the result of that. For an ex-accountant Buldoc has done a very poor job of ensuring shareholder value is not lost through excessive debt and dilution. You need about another $100m from open buys to get DMRJ dilution off your back, I can't see and have never seen that happening any time soon.
