Data,
Yes, there are outsiders that are totally asleep to wddd. More to the point though I think someone is holding WDDD's down on purpose. Every time it bumps up in price someone goes down into it. This can happen of course, but this thing hasn't seen a simple uptick or even modest rally in many many months and imo that's not by accident.
I've spoken with some that think there could be some very old leftover shares from previous financing deals, but I don't agree. Even if you did go along with that for a second why would they want to hold wddd's down. If they have stock then it would behoove them to unload it higher not lower.
I have been assured by a few in the know people that the latest funder aren't selling and at first I didn't really believe that, but as illiquid as this stock is it just doesn't make sense for someone to try and trade for pennies or fraction of pennies cause they'd have to get back in and that is very tough to do when dealing with the illiquidity here and having to buy on the ask and sell on the bid.
So, even the biggest POS stock will rally on and off over time and this has not done it at all and as soon as it looks like it's gonna pick its head up and go someone goes down into it and suppresses it. The only person that can be imo is ATVI. If it is them then every share they are shorting is a share they are more at risk with unless they are doing something illegal. If they are shorting to hold it down or someone is doing it on their behalf then I wish them good luck cause I think WDDD's has more on its side than it ever has and the clock is ticking on multiple fronts. So, I'm gonna keep buying and one day when they have to thrown in the towel I believe the reward will be huge. I guess I should thank ATVI for the opportunity.
Thx, ATVI.
