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Re: 29YEARINVESTOR post# 31418

Tuesday, 04/18/2017 6:30:07 PM

Tuesday, April 18, 2017 6:30:07 PM

Post# of 37358
Only a fool would buy stock in the secondary if they have actual money. He could have gone to the company and bought convertible debt at a 50% discount. The fact that he did buy in the secondary market shows he has no idea whatsoever as to what he is doing. That is not taking into account the company being an insanely stupid investment. If he did not sell out he is now 100% stuck and will be wiped out by a reverse split.
Nobody owns the float it is 7+ billion shares right now, if max did not sell it is likely nearing 10 billion.

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