Load Up Lloyd bought another 100k shares @ 2.25 on 10/22
Filed with the SEC today.. Has almost 3 mil shares which is 25% of the float.. Nodody is this dumb. Will he keep buying ? Something is going on here that will all make sense in the end. Good luck guessing which side to be on
Oh yes they can be that dumb. My guess is Lllod is taking a chance with house money he has made on STMP (he has been liquidating at same time as COSI buys) or MAG or some other non-disclosed holding. A chance that the liquidity rally hits COSI and he can dump this holding at break even. The only other thing he could be thinking is taking out COSI and using it as his own little publicly traded investment vehicle by consolidating his other holdings into it. Who knows. He is clearly not investing based on the merits of the COSI "turnaround" or lack thereof thus far.