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Friday, January 04, 2013 9:04:45 PM
Precisely the reason I'm still holding and hoping for a spike. I have seen numerous times how stocks took off when big money lined up behind them. Recent examples are Dex One and Groupon. These two companies were left for dead until institutional investors jumped in.
My concern is this: What has ACTUALLY been finalized? Mr. Frost is worth $2.4 billion, so to think that he would waste his time on a $1 million deal is absurd.
Until Mr. Frost takes a substantial ownership and all the documents are signed and legally binding, then I will continue to view all MP announcements (either press or SEC filing) as "string along" tactics. IMO, anyone who thinks otherwise, based on what we KNOW is naive.
If or when Mr. Frost takes a substantial position and everything is legally binding, we're in the money. Until then, blah, blah, blah...
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