Just reported this morning--Mandel and Bennett each bought 10k shares on the open market over the past two days.
This is the first time in many years that anyone at MBND has made open-market purchases and speaks volumes to insider bullishness.
Stock is a screaming bargain at current levels.
Look for at least 25% gain over the next 5 months with much more after.
Sweet! This will show up for most potential buyers over the coming weeks. Seems they bought Wednesday and Thursday. Maybe today also? I assume the company is buying back their shares too.
I love it when management thinks their stock shares are way under valued and buy with their own money. I rarely ever see .1 X revenue for a legit stock...so I made MBND at top 10 holding in my portfolio. I believe growth going forward will be good and the MDU acquisition will add value as bulk wireless Internet will have nice margins.