Question for ya....Did the currency the company received from bringing additional shares on the market provide them with 'new assets' giving them an exponential gain with respect to ROI?
In answering my own question, I would say the the past months pps appreciation answers that for me. IMO, you kind of have to 'do what it takes' to obtain a 'first to market position' in a new/ emerging growth area...then let the markets decide what your company is worth.
Going forward, if the company chooses to bring additional shares into the commons, before I decide 'it was a dump', I'll be more curious to know why. Are they / did they buy additional catalogs? Rights to new libraries?
We'll see where this goes from here, but company has 2 ingredients that I LOVE!!! Transparency/ regular communication with it's shareholders and a brilliant execution (demonstration of competencies).
IMO, this company is putting the pieces in place to set themselves up for an acquisition or RM. Speculation of course, but their recent decisions and communications puts that writing on the wall to some degree. If they announce that they are retiring shares....that would solidify my opinion about this.
MRNJ is still earning my love FWIW!
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