The important question is why are they selling? Does that mean they are raising cash because they found acquisition target? making 1 to 2 millions in one time deal is not going to raise MLNK stock price much but a the right deal will
they had 1 major customer who every time mlnk was close to making profit that customer demanded and got discount. Now they lost bus from that customer they are working on right sizing. Also they have cash for profitable acquisition and they can use NOL
My thinking about this stock that it require some more patiance. Fixing this company will take some time. The only problems I have with the company is the lack of transparency by design. The Hedge funds that control this company don't want us to know what is going on. They will try to shake us before the large move up and they can delay the move at well. The hedge funds got the info and we have none and it is against the intent of regulation FD but it is legal. Also hedge funds could engineer another way to fleece us. I'm holding to my stock now if that helps you.
Rewarding themselves for all the money they "managed" to disappear from the company. Who said crime doesn't pay. I think he meant crime pay twice. You take some of the money that dissappears and u vote ur self a reward for "dissapearing" the money. y else would they get those free shares? show me one good thing they did