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Me too
That PR put the 89 mil theory to rest. So, I assume as you say that was retail. No other explanation I can see. I personally don’t believe in OTC shorting on a large scale, so some major retail hands mustof been unloading. Time to start fresh and find a bottom :)
He did good with that communication IMO.
Lol it’s a toxic death spiral from dilution. Nothing to do with shorts or technicals. Wish OTC traders would stop saying that crap with every damn stock when it’s dilution. It’s always DILUTION. And of course Braden disappeared to who knows where. That doesn’t help
My bad. MFOF has the 33 bil
50 bil is still restricted. Depends on who owns them, but they can be retired to treasury or bought back and retired to treasury. Happens fairly often in the OTC. I have no idea if they’ll do that here, but it’s possible depending on who owns it all. Hempaco has 33 bil shares. I’m assuming they’re part of the restricted count
Or if those idiots just cancel 45 billion shares.
Thanks CJ. Gotta love dips
Call me crazy but averaged up again
Did a little if that myself today
And chase the all the other dilutive trash? Don’t kid yourself
Gravity (reality) would have brought this back down at some point anyway
100% agree. The dollar, Euro, or yen haven’t broken yet. One my start the dominos but who knows how this will play out. Somewhere, at some point, with some random asset, the panic will suddenly kick in imo
Fed not even raising rates worth a damn. Just to neutral where they should be. Idiots never made a real effort to control inflation. Not even any QT. What a joke
Your right. My TD app didn’t show any trades for the first half hour with a bid at .003. Thought something was up
Why isn’t this trading? What am I missing?
Added as well. 900k at .0017
Anyone know why a billion shares traded yesterday and over 300 mil today, but the pps can’t move up?….I’m sure someone tell me it’s “shorts.”
Some of us have been waiting for that dip cause the damn thing wouldn’t dip last 3 days
Love the action
Holdin some .50’s. Fun watchin this go to who knows where lol.
Good to see ya Smilin
Welcome to the world of Greek Shipping. An industry that ALL investors should be very acquainted with before investing/trading. They all get good rips from time to time but carry some of the highest risk for losses I’ve ever seen in the penny stock world.
It’s really shitty what’s takin place here. Can’t believe all those shares were dumped/added last few days into a garbage PR. Disgusting. I still hope this goes up for all those bought in at higher prices. This company needs a new CEO ASAP IMO
Probably lol…panickers shorts or whatever. Don’t know why and don’t care
Great point :)
Frickin panicers. Irritating
Filled
People acting like this is a stinky pinky. This is a QB. I’d be shocked if company plans were tossed aside
It’s starting to get that light feeling as it moves up
How big is this note converting? May try and add to my stash.
Much better
.05 is 50 EMA. Let’s make that support
For sure. Big dips get big bounces
Thinkin it’s the big board stocks dragging everything down.
That wall must be for shorts to cover I’m guessing
As much as I hate to see it drop, I also hate charts that look like they go straight up with no consolidation.
Hell yeah I did. My goodness what a piece of shit
I just bought this but I think I may have fk’d up. We’ll see
Thanks dippers!