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Wednesday, September 02, 2015 10:15:09 AM
Once the dollar amount on the ask exceeds the dollar amount on the bid, this will get tougher.
Bid is $18,600 to an ask of $16,800, so its getting close to teetering to needing more to get out than in. Many then get stuck, if they arent already. This is what an O/S of NOW OVER 8 Billion does to a junk stock. It was maxed at the end of Junes numbers. Now 5 weeks later its well over 8 Billion O/S, so the A/S has to be incredibly high. Theres zero value here. And they havent even dumped todays shares yet. When your toxic lender is your family, investors cant win. They hold the money, and the ability to release news to sell those toxic shares. The last 2 PRs they could wait to get started dumping as soon as news hit.
BUYER BEWARE HERE!!! Theres a reason most are stuck here. All are stuck if you held.
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