InvestorsHub Logo

mas

Followers 13
Posts 14434
Boards Moderated 0
Alias Born 01/08/2004

mas

Re: irish123 post# 20445

Wednesday, 01/21/2015 10:36:10 AM

Wednesday, January 21, 2015 10:36:10 AM

Post# of 47873
What's in it for them when they can continue buying at 8 cents and selling at $1, ad infinitum?

How many years/decades do you think that will take at 100-200K volume every day also considering that they are having to fork over $5m cash every quarter ? I agree with buffalop51 that a quick sale at say 1.50 (to Morpho probably) is more likely now and with all their convertible debt converted in the sale DMRJ would walk away with $80-100m instant profit as that is how much they have sucked shareholder value out of this stock due to Buldoc's extravagance..
Join InvestorsHub

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.