InvestorsHub Logo
Followers 0
Posts 2778
Boards Moderated 0
Alias Born 07/08/2012

Re: kidneybeans post# 28053

Sunday, 10/04/2015 5:13:09 AM

Sunday, October 04, 2015 5:13:09 AM

Post# of 47873
DMRJ is so stupid that they will sell say 2-3mn shares net $1-1.5mn and bring down the share price to 9 cents from these levels whereas they own more than 60-70mn shares of this stock, ton of debt lines! Assuming this way is simply stupid even when you don't even think about any business impacts of such a share price. Therefore, it is not in DMRJ's benefit to bring down the share price below certain levels just to make small chunks of money for their interest payments. It is sacrificing the farm for a sheep! They are smart enough not to do so unlike some claim here. I believe that they were on the bid to bring the share price up on Friday as well.

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.