This week, the stock of Municipal Mortgage & Equity, L.L.C. (PINK:MMAB) is rising strongly up through three large jumps in the share price and unseen trading volumes. The only new information recently has been that members of the management of the company have traded large amounts of shares. 
Yesterday, the next following jump of MMAB stock price even resulted in a new 52-week high at $0.34, though the session closed at $0.28, or 5.66% higher than the previous close. Trading volume exceeded 1 million traded shares, which is 8 times higher than the daily average for the past three months. Thus, in just three trading sessions MMAB has received incredible trading activity, the heaviest volume being on Monday.
As MMAB filed its latest10-Q on November 14, and has not published any news since that time, it is hard to say if the breakout of the stock has any fundamental backup. What is known for sure from the company’s SEC filings is that on Monday this week several members of the company increased or decreased their positions in MMAB stock.
According to the latest Form 4 filings, the Executive Vice President for example acquired 167,500 shares of IGXT, while two Directors of the company disposed of nearly 423,300 shares and another two Director acquired around 520,000 shares. Due to the lack of any other news, that insider transactions could have affected the trading of the illiquid MMAB stock.
