InvestorsHub Logo
Followers 7
Posts 1233
Boards Moderated 0
Alias Born 09/23/2009

Re: rule_rationale post# 5246

Tuesday, 05/20/2014 9:11:15 AM

Tuesday, May 20, 2014 9:11:15 AM

Post# of 27410
Rule_rational - let me explain something to you.

There is a reason we owned close to 10M shares at one point. My two friends personally know Dr. Chan and have for years and years. This isn't a dumb 500K share retail investor position. We have made hundred of thousands of CTSO in the last 4 years.

As for the hysterical ADVICE people on iHub are giving me for how to liquidate a 6.7M position (a few days ago) on a stock that does not even do 1M in trading on a avg day (when you take out all of the huge trading days from the moving volume avg) - all I can say is LOL. You really dont understand how this works. If I run this down below $0.202 it will trigger a sell-off with support at $0.18 and then $0.16-$0.165. Why would I do that lol? When large institutions unwind positions in the market they do so on high volume up days. They don't start dumping a position onto the open market and cause the price to decline.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CTSO News