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Thursday, May 19, 2005 1:16:14 PM
If Matin was rolling in cash, he should be buying if he knows all numbers are legit. You are right.
He would not have to buy all of the company up, but if he could buy as many shares as possible at $3.00/share he should, I think $3 a likely price.
I don't think it is bullshit to not buy though if he has $100,000 in cash total of his own and a stock worth $1.5 million currently in his portfolio. You would not do it yourself then if you were trading places with him, you would shoot for options unless you were trying to shortcircuit the process to stock price increase like priming a pump. Even then you might want to position yourself with options first before lighting the firecracker.
sam
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