Replies to post #21732 on Comstock Inc (LODE)

[resourceinvest]

Management can’t sell - they don’t own any stock!! However they have been issuing new shares and selling them on market big time. They issued and sold on-market 16 million shares during the June quarter realizing an average price of 16 cents. We will have to wait for the September quarter filing to see how many more shares have been issued and sold since then. The volumes seen suggest this is continuing.

[phx85]

I'm very familiar with Moelis & Company. I have no doubt that Moelis will make money.