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"thats not a serious or even educated answer?

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Ed the Trader   Friday, 11/10/17 05:10:20 PM
Re: sailorboy1 post# 51220
Post # of 52445 
Quote:
"thats not a serious or even educated answer? if all goes well what is the possible pps given the crazy share structure and bitcoin dealy-wob?"

All of you folks who have been playing other Bit coin stocks know better than me. Several have claimed that tickers with comparable share structures have had healthy runs.

Ok... go look up the data for the PPS levels achieved for other Bitcoin tickers that have an O/S in the 20-25 billion range. Just how high did they go?

I figure that before any run for DNAX would be viable, it would be necessary that buyers have to take another 5-7 billion @1 and then 2-5 billion worth of flippers @2.

I would have said even yesterday that this is simply not feasible, but I also would have said 2 weeks ago that there is zero possibility that people would buy 10 billion shares of DNAX in only 10 trading windows.

If people are willing to buy and hold another 7-12 billion shares at 1 and 2, then a run could be possible.

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