I don't think the amount of buying today can be put down today to insiders. 180,000k of MRCOA at 4.9 & 5 cents equal less than $10,000 in total. 70,000 MRC shares @ 29 cents = $20,300. We will see tommorow what happens but if there is a dumping of stock I would be very surprised. On the contrary both MRC shares & MRCOA options are cheap fundamentally & cheap relative to levels where they have traded consistently for 4 months.
Regards,
Tom.
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Mkt cap ! $25.59M |
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