Interesting, these guys have dropped about 230K MAQ shares, mostly while the stock price has been drifting up. Someone has been chomping away at everything they have sold.
Consistent nibbles from buyers on this stock, nobody wants to drive the price up but nobody really is selling much stock either. Today someone decided to pick up about 1,400 shares and it pushed the SP up about 40c.
I’m a little surprised she hasn’t pulled back to around $20 with the slight delay in commissioning the DC expansion, and talk of possibly beginning construction on another. Forecast for fairly flat earnings, higher capex, and not much chance of a dividend for at least 12-18 months.
MAQ Price at posting:
$23.39 Sentiment: Hold Disclosure: Held
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