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Re: None

Monday, 06/01/2015 8:42:37 PM

Monday, June 01, 2015 8:42:37 PM

Post# of 27076
I just crunched the numbers, and here is a glimmer...we all know that Joshy paid 150k for those 101 millions shares. If he were to sell them all below .0016, he wouldn't make money. We know that he's probably sold at least a chunk of them since May 19, but he surely doesn't want the share price to go below mid teens (his break even point). His minions (MM's and traders) therefore have more than likely been instructed to keep it above .002 or so. Perhaps that's why selling wasn't as relentless when it got into the mid .002's. He drove it down to these .002's and .003's pretty hard, but it looks like he has to take his foot off the gas in this range. I'm just speculating. Somebody correct me if I'm wrong. In all honesty, I'm not super schooled in these shenanigans. I did notice that CDEL on the L2 (his most obvious MM friend) was hanging out on the ask in the mid .003's a lot today.

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