IFFCO wants it!!
in response to
by
posted on
Mar 06, 2009 08:12AM
According to my calculations, IFFCO must have bought close to ONE MILLION shares today through BMO. When one of your largest shareholders, who has two seats on the board of directors, and is the ultimate end user of our phosphate, draws a line in the sand at 50 cents and buys EVERYTHING they are hit with, what does that tell all of us???!!!!
Remember in one of my previous posts I mentioned that IFFCO owns over 22 million shares at an average cost of $1.90/share. They have to buy a ton of stock at 50 cents to get that average down!!!
More important: Out of weak hands, into strong hands.
Eat it up IFFCO!!!!