SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Multimedia Games Inc. (MGAM)
MGAM 0.122-0.8%11:48 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Craig Stevenson who wrote (104)3/10/1997 1:19:00 PM
From: Michael Klein   of 197
 
Big activity last week had to do with more of the recent private placement stock that was demand registered being moved into the more public market. My understanding is this was the last big block that needed to clear from that offering. The price was dropped to the low 6's to make it easier for the market to absorb (I guess). The net result of this is a large number of shares have been placed at higher prices which should establist a new floor for the stock.

Price was looking good early this morning (7-1/2 to 7-13/16).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News