I watched Thomas Kinkaid talk about his paintings on 60 Minutes last Sunday. I was surprised that his work is done within a public stock held company, Media Arts Group.
MDA was in accumulation until 1997 then quadrupled in value by mid 1998. Then it went into distribution throughout 1999. For the past few years, it's been below $5.
MDA should be watched as I believe it's under accumulation again. |