SEEK best seach engine for small to medium busineses in local cities. 10 million shares sold @ 8 cents = $800,000 in gains.
Holding this stock for 8 to 12 months. Could cash out sooner if it gets to my cash out price of 55 cents. My math tells me I will make a few millions. Sell 4.8 million very cheap shares at that price.
Micro Cap stocks like SEEK an make investors hundreds of thousands of dollars when buyout offers are made and when they get the kind of attention SEEK is currently getting. Check out the website TheDirectory it is great.
Smart early investors of Micro Cap stocks right before the institutional investors catch, end up becoming millionaires. Hundreds of millions of shares traded in the last 10 days because of institutional investors interest in the website called TheDirectory owned by SEEK. It is a top go website to find local businesses. Recent announcement puts the company on Mobile and another reason investors are loading up the stock.