Sunday, November 22, 2015 2:16:03 AM
GALE (a small biotch) had 926,812 shares sold (est. averaging around $1.46 on Friday) which equates to roughly $1.34 million.
AAPL (blue chip) had 34,287,096 shares sold at $119.3 which equates to over $4 billion.
The point is we are a small stock that can easily be manipulated. $19,000 sold in a day in the stock market is just a piece of sand on the beach. I'm a small novice investor and even my measly 100,000 shares can manipulate this price. Anything goes at this level.
What will be impossible to manipulate is the long-term when we get some solid rulings (or even settlement). I give us a 75% chance of seeing a major payday of maybe even breaking $1.
The reason why I give it a 75% is because:
1. We have a 50/50 chance of settling before court.
2. If we do not settle and go to court, we have a 50/50 chance of
winning in court.
(statistics 101 refresher: 1/2 x 1/2 =.25... 1-.25=.75 or 75%)
However, I've also dropped the F-bomb several times at the blackjack table when I should have won when I doubled down on my Ace against the dealer's 6 and have lost. It sort of pisses you off.
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