Saturday, July 09, 2005 5:30:57 PM
1. Some insiders have purchased shares at higher prices for themselves and have warrants as high as 20 cents per share and in any case everyone has their own finacial situation.
2. The company as much as it would love to retire stock into the treasury at these cheap prices would prefer to feed the monster as it grows big and quick.
3. I am merely pointing out, that any situation in which an entity such as in this case, mediamax the product is becoming quite successful..the branding process of the product crosses over to the stock. This coupled with market dominance, market leadership and rapid revenue growth produces smart money's attention. This shrew type knows what to look for and they've done these things before and thats why they have deep pockets.
I am alerting Mr. G and others that this could be that very scenario because if it looks like a duck and walks like a duck guess what its a duck. Be careful the stock is cheap.
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