Saturday, January 30, 2016 1:12:00 AM
Supply and demand would dictate that the stock price has to rise on Monday.
This being a new way of trading, and the fact that the pink stocks are loosely regulated, it might not have to follow the regular rules.
One thing that can be inferred is in relation to the owners of this stock.
There are lots of this stock out there. But who are the owners. I would be willing to wager that several of the posters on this board have well over 100 million shares, and some of them might have more.
And, then all the shares that have been created in the waiting period for the FDA to sort everything out, there were a lot of shares for sale. Who bought them?
It is going to be very very interesting when the news hits. Because if only a small group of people own a considerable percentage of the stock, then it is going to fly. Because, we know there are lots of villains out there who have shorted this stock to the tree tops. They will have to cover, and if there is no supply of sellers, they're going to have to chase it all the way up, and they will lose a considerable amount of money in the mean time.
This is going to be extremely interesting in the near future.
blessings amigos,
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