InvestorsHub Logo
Followers 15
Posts 2721
Boards Moderated 0
Alias Born 05/10/2010

Re: Farrago post# 1026

Monday, 12/13/2010 9:59:58 AM

Monday, December 13, 2010 9:59:58 AM

Post# of 24254
You make a good point. I really hope Teffy chimes in soon on this issue. I'll search the back posts when I get some time, both here and on Teffy's board. I seem to think that the people who bought at .61 were "early" investors, possibly buying restricted shares. This company seems to have gone through several phases, with a wide range of share prices. From what I can ascertain from Teffy, a large number of shares are held that were bought during one of those earlier phases. Not sure why they wouldn't buy more, though maybe they're not really retail investors like you and I. They may have given x amount of money and in return gotten y amount of shares valued at .61, and knew they would be holding for years. I'm just speculating here. Teffy, can you fill us in?

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.