InvestorsHub Logo
Followers 6
Posts 764
Boards Moderated 0
Alias Born 07/27/2004

Re: shag post# 80

Thursday, 06/30/2005 2:18:16 PM

Thursday, June 30, 2005 2:18:16 PM

Post# of 165
Let me explain this once and for all: MDAS shares completely worthless, they have no value. What AGCI is doing can be described as a "shell game" MDAS being the meaningless shell for the sole purpose of pumping up AGCI and allowing insiders to sell of AGCI shares every time they get volume from these spin-offs. The reason MDAS went down so much today on a 696 share sell is because MDAS has an incredibly low float and an incredibly low number of unrestricted O/S.

I could create my own company on the stock market with a total of 100 O/S and price em at $10/share, but the whole value of my company is only worth $1000 and any volume would fluctuate the price like crazy. The point is MDAS is not traded by outsiders it is completely manipulated by the inside. If some outsider did buy MDAS for some reason and decided to sell 696 shares today, of course that kills the price, but of course 696 shares isn't worth it for the insiders to lose the illusion of a big score based on an AGCI dividend. In result, of course, an insider bought 696 shares to make up for the sale and raise the price back up. The other possibility is insiders buying and selling shares back and forth to create the further illusion of a volitile tradeable stock.
Join InvestorsHub

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.