on December 04th, 2014
Insiders are showing HUGE confidence with the filing of yesterday’s Form 4 by Glenn Laken, the Company’s CEO recently buying 400K in the market - you can check out the filing here
No doubt this shows huge confidence that CMGO price levels are super cheap. Add to the fact the company has no debt, and BIG news relating to their recent Tournament Launch – it’s a perfect storm for an XTREME breakout.
CMGO is showing solid buying with buy’s outpacing sells 2 to 1! Some Market Makers definitely got hold in manipulating prices as we have seen in the past 2 trading days. We are actually excited to see this as we have seen similar situations in the past. What follows these blatant price manipulation was HUGE breakout levels of 200-300% – smart traders are definitely catching on scooping bargain levels prices. No doubt what Glenn is seeing as well!