mun trading halt ...

"Pending the release of announcements regarding the Engenho underground mining operations" and "ongoing discussions to refinance debt."

Hmmnnn ...

I recall some posters here telling us when the stock was 30 cents or so that they'd know when to get out. I wonder if they did?

I also recall reading posts along the lines of "Management haven't sold so I'm not selling." That sort of post misses at least two important points imo:

1. When the stock is only a few cents how exactly do Management sell millions and millions of MUN shares?

2. Management are at least being paid by the company, unlike any shareholders, some who may have seen their shares fall from $1.00 to a few cents.