you know that have 1.60 per share of cash after debt deduction. it is mind boggling why they trading near one dollar. wall street at its best
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I'm buying the 100,000 shares. Waiting for the rollover from my retirement plan. I'm serious about reverse split if the stock dips below $1. It doesn't have to be 10:1 it could be 2:1 or even lower.
We're you sarcastic with your question? 10 to 1, so we will have 5 mln shares float. Sounds about right. Are you buying 100,000 shares like you promised?
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Wouldn't be surprised to see more. This is what happens when a stock hits either the add or delete list for the Russell indexes. Think of all those index funds out there who have to adjust their holdings.
I told you guys there would be big volume today due to the Russell rebalance. MLNK stock continues to trade some big blocks after hours. Right now today's total is showing at 3.1M shares.
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I just bought another chunk, so I hope you are right.
Sentiment: Strong Buy
u forgotto mention that the parabolic move could be down in the short term.