Sunday, November 15, 2015 8:09:23 AM
Well let's not forget that most of the time the price of a stock is the product of sentiment, and the stockholders were prepared by a campaign that lasted 2 months ... The campaign started as soon the product was out....
Seen comments that everyone is running to the exit & that there is no interest.... well if that was accurate the Ask size would be much larger than the Bid size and would stand unfilled.... Actually all has been filled in matter of minutes all the time... 900M shares have changed hands.... And a 1.8B bid is standing (was before close on friday) at the level of 0.0002 .... Someone is taking all the shares home... Just to place that bid 200K+ USD are needed....
Just out of speculation... I you wanted to buy a company...
Scenario 1: you buy it for 100M USD and all the holders get a share
Scenario 2: buy 40% of the worthless shares, then buy it for 100M USD and you get back 40M USD back....
That looks like a plan.... So what would be necessary to achieve that transaction ... An organized attack on the stock... Lower the sentiment as much as possible, and trigger a sale off by dumping shares at intervals....
Greenlite Ventures Completes Agreement with No Limit Technology • GRNL • Jul 19, 2024 10:00 AM
VAYK Expects Revenue from First Airbnb Property Starting from August • VAYK • Jul 18, 2024 9:00 AM
North Bay Resources Acquires Mt. Vernon Gold Mine, Sierra County, California, with Assays up to 4.8 oz. Au per Ton • NBRI • Jul 18, 2024 9:00 AM
Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM
Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM
Avant Technologies Welcomes Back Former CEO with Eye Toward Future Growth and Expansion • AVAI • Jul 17, 2024 8:00 AM