Nu-B "I still can't fathom why a stock with
Post# of 17653
Posted On: 10/30/2014 12:53:48 PM
Nu-B
"I still can't fathom why a stock with DUTV's supposed potential is not being bought up in $5,000 to $10,000 blocks by the companies who are partnered with them. They are surely in the know about where the stock price is going. But that's just a pet peeve of mine".
I am not aware of any "Company" that can purchase shares like that. Hedge Funds can't/won't do it till ~$2.00/share. Mutual Funds can't do it till at least ~$5.00/share. It is all spelled out in the "Articles of Incorporation and their Company By-Laws.
Private investors, Venture Capitalist's, Investment Banker's can and do....
Regards
Sunny:>
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