Things have changed at the OTC this year. Seems since the end of the POT era, darkside 5X to 10X games aren't prevalent as before. We see more POPs then runs. Giving 100 to 300% gains. Seems when I find funding dilution, there are high volume small pops, right away. Thus it seems VC's aren't as greedy as before, or their concerned about tighter regulatory eyes on the OTC. And what use to be attention pops, became runs.
This could be what is happening at FLST, also. I have a Rule of Thumb about guessing darkside accumulation or dumping. When you see large volume with pull downs or pops. I say 25% is regular retail trading and 75% is darkside.
I just applied that to FLST
July price & volume pop 63 + 95 + 123 = 281 - 25% = 211 mil dark in 3x pop Aug price and volume pop 203 + 95 + 144 = 442 - 25% = 331 mil dark in 1x pop
211 + 331 = 542 mil; dilution 582 mil. There may not be a darkside play at FLST. But remember all my numbers are guessed at. Reality could be way different. Still trading in the 50 mil a day area. And seeing accumulation in the support indicators being in conflict. So hope still exists.
Sooner or later, we'll have to find an OTC game looking for bigger gains then we've seen recently. JUST CAN'T BELIEVE GREED WON'T OVERCOME ANY OBSTICAL IN FRONT OF IT, FOR TOO LONG.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.