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Re: thejerryb post# 2255

Friday, 02/14/2014 2:56:26 PM

Friday, February 14, 2014 2:56:26 PM

Post# of 21822
If you really want to delve into some DD (I don't have the time...)
Look into how much Viking Management Group (or some name like that) paid for the company. Viking is run by Merrick Okamoto and is one of the main insiders. If you see what they spent on the company, you cant sort of get an idea as to their break even point as related to how many shares they own. As I have mentioned, the only way the insiders can make any sort of money is that they sell the company, as they are limited to how many shares they can sell per quarter and the amount that they make quarterly has got to be pretty insignificant related to their original purchase price (I'm assuming) at the current prices.

So if someone could figure all of that out, you'd have a good idea of what their goal is as far as stock price is. Goals and likelyhoods are two different things, but I think it would be a pretty good reference price.
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