InvestorsHub Logo
Followers 0
Posts 128
Boards Moderated 0
Alias Born 06/29/2014

Re: Ivanovich post# 49649

Tuesday, 08/18/2015 12:23:31 PM

Tuesday, August 18, 2015 12:23:31 PM

Post# of 105600
I'm not making excuses for anyone !
I'm stating a fact
That shares issued to private placement is held for 6 months to a year on restriction. Most would hold a year for capital gains

So since these prices are the LOWEST EVER there is NO WAY private placement people would be able to SELL
Minimum of 6 months ago this stock was over 1 cent !

So Private Placement sellers would NOT even make ANY MONEY at this price, it wouldn't make sense.
They get it a 50% discount
Means it's a half of cent paid
It's trading at a half cent now

What's the point !

Not to mention , this is a not why they would purchase stock

It's to be involved with Americas newest airline , not trade penny's

Join the InvestorsHub Community

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.