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Remark Media, Inc. Message Board

  • bankwatcher1998 bankwatcher1998 May 1, 2013 9:40 AM Flag

    CEO bought 1/3 Shares of shares outstanding over the last few months

    Looks like the CEO effectively bought 1/3 of the company's shares over the last few months. It was done in two transactions as a convertible so it has not received much attention, but the convert price has already been exceeded. So by the end of the month, this company will again be debt free and its CEO will own 1/3 of the outstanding shares. When Sharecare's IPO prices, this stock will be worth twice what its trading at today.

    Sentiment: Strong Buy

 
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