Just to follow up, Stockmaker was paid pretty handsomely for their efforts, at least in face value.
StockMaker has been compensated with 50,000 shares restricted for its profile on Net Command Tech
At today's price, that comes to almost $650,000 worth of stock. If they were paid a couple weeks ago (not unlikely, since the heading refers to the company as Corsaire), it was worth over $1 million. Of course it didn't really cost NCDR that much, because they can always print more shares of stock. Since the stock is restricted, Stockmaker presumably can't sell yet, although they may not have been restricted from locking in the price by shorting an equivalent number of shares. Hmmm, could that have been a contributing factor in the recent price decline?
FWIW,
Mark |
