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Tuesday, October 12, 2010 10:45:58 PM
he doesnt bring any new shares into the market he only sells his shares which he bought from the market.
netto there are just as many shares in the float as before so no dilution on his part.
plus the flipping doesnt always work like they would want it to, you would have to be lucky to quess the high and lows of the day and sell and get your buy etc.
with this downtrent its easy for even a flipper to get caught.
just look at the highs after the lows and the volume at that time clearly many flippers get caught and are left to hold.
in my case i hold my 1.35 mil shares strong even if it takes a year i dont like it but i,m not willing to sell at these levels and surely hope MMG gets there game together and produce some real revenue's from this new merger candidate.
they need to do there DD in talks with this company and lay it on the table.
anyway good luck guys...
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