Saturday, May 20, 2017 9:59:46 PM
Usually, this person accumulates a large position with a favored stock before going public with the call.
MLGT unique in that regard. Any large buys sends the stock up big.
Imo, the guru settles for a smaller position at a lower cost basis and then points out MLGT in various subscription venues and the the public forums as well.
The pressure is on now to make this call before someone else with juice does it first.
NOTE: Nasdaq traded China social media play YY looks a lot like Impingo.me.
Link:
https://www.yy.com/
YY: Chart & news.
https://finviz.com/quote.ashx?t=yy
Interesting look inside Chinese social media:
https://kraneshares.com/inside-the-billion-dollar-industry-of-chinas-most-famous-social-media-celebrities/
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