InvestorsHub Logo
Followers 328
Posts 23315
Boards Moderated 4
Alias Born 12/10/2010

Re: BADALI post# 1509

Monday, 11/07/2011 10:13:51 AM

Monday, November 07, 2011 10:13:51 AM

Post# of 2704
Mgmt need 50% to control the power. They are not able to sell their shares @ this point. IF they dilute then they need to buy 50% to make sure they have control. They are going merger with another company the is the main reason for the R/S. However ask is going high now. Approximately it can be .05. Buying and holding pressure can be move this any high place. IMO

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.