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Re: someone1 post# 21100

Saturday, 10/31/2015 10:14:09 PM

Saturday, October 31, 2015 10:14:09 PM

Post# of 156801
I agree. Itll be hard for it to do a pull back in to the subpenny range.
Like I've been saying, this isn't acting like a 500 mil float stock.
The majority of it is locked up and has been locked up since April.
If you consider all those that had been flipping the stock for profit over the last 5-6 months, I would estimate that 100s of millions of shares have been locked and not sold since the acquisition.
With the recent run up, there's a lot of shares that were bought in the .01+ range and I doubt many people would dump for a loss to take it below when they thought highly enough of the stock to buy in at those prices.


All IMO, though.