InvestorsHub Logo
Followers 1
Posts 8
Boards Moderated 0
Alias Born 08/10/2013

Re: None

Thursday, 10/09/2014 11:49:35 AM

Thursday, October 09, 2014 11:49:35 AM

Post# of 54312
Not so much as a bunch of folks decided to buy 126,000,000 shares as it is there was two block buys totaling about 90,000,000 shares. Not too sure who the buyer is, but it's not all that impressive when you consider the outlay (if they paid full price at .0001) is just $9,000.00; certainly not a large amount of money.

If the price should go up because of a promotion then the buyer could make some real money. Should it go to a whopping .0008 the proceeds would be a little over $90,000.00 a pretty good ROI for a few days or weeks of work.

But... Will this be promoted soon? Watch the funny papers to see who gets ahead and who gets had.

Something to think about...

P.s. Use the E*Trade Pro Block Buy scanner to see who is buying large chunks of any stock. If you don't have ET Pro, do a Google search, someone must be able to give you that info.