Replies to post #68777 on Primco Management Inc (fka PMCM)

[KeMBro2012]

A bit over 10% now, was almost 14% a minute ago and will be up there again, and higher, I'm sure.

PMCM can't call right now, the O/S is what it is for strategic reasons. With deals on the table (WARNING: speculation) involving X number of shares, they need shares available and they want excess shares so they can put a huge number on paper that still only represents a fraction of a percent of the company.

That's smart.

And if those deals either go through or fall through, or if they don't exist at all, then yes, calling in those shares would be smart.

IMO, of course