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Re: UglyAmerican post# 16539

Monday, 03/20/2017 11:23:24 AM

Monday, March 20, 2017 11:23:24 AM

Post# of 18730
Now do you believe there is a ceiling at $1.50?

https://www.sec.gov/Archives/edgar/data/1107382/000117891317000818/xslF345X03/zk1719690.xml

Even on news, the price couldn't break through the standing sell order at $1.50 for Israel Seed partners. Before you comment it was only 4000 share, understand it was only 4000 shares of buying interest at $1.50 even after a positive news release that saw the price go to $1.70 in after hours.

This is going to be dead money for a long time at best. At worst... they won't be content to sell a few thousand shares at a time and will chase the price lower in order to sell volume. This could get very ugly.