Quote:
Originally Posted by RawAlex
All the way up to $1.61 right now... kicking tail. 10 day volume average is 1.9 million shares, on a company that has only 31.2 million outstanding - or 6% of the company trading every day. It would appear that someone is buying up the company bit by bit, the price driven by larger purchases (and at least one sale of 600,000 or so shares in a single block, it seems).
Since there is a delay between obtaining a significant position and reporting of it, I have a feeling that someone is going to appear in the next few weeks holding 25% or more of the company, possibly someone like, say, a Manwin. An already public company would be a beautiful thing to roll their operations into.
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I believe you hit the nail on the head.
Deecash,AFF/Penthouse,AVN... roll it up as public as Manwin and youve backdoored into a Public company.
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