Let's be realistic:
I remember the whole fit debacle. I knew it was a slow pump and dump and made a bundle. They were really bad at hiding their flaws...not to mention being related...ha ha:)
But let's be real here:
We both know that there lots of people holding millions of shares individually .
If this even went to .05, many of these people will be millionaires.
In my 27 years of trading in the OTC, I've never ever seen this occur...NOT ONCE.
100% of the time, when the public is allowed to amass this much stock, which would normally be what insiders are holding, that would mean intrinsically they are not worth much in the long run. The system itself will not allow for this egalitarian structure. Therefore, you are relying on the goodness of the small group behind the curtain.
Sorry, I've never seen trustworthy moves by these hidden people ever.
Something hidden will pop out...this is a statistical assurity.
Now with a regular IPO, there are people that can amass millions of shares individually right off the bat.
These are the 300 multibillionaires in the world.
The little man will never be allowed to hold 5 - 20 million shares of this stock while it stair calmly stair steps upward because that would be the equivalent of what guys like Soros can do. This will not be allowed by the system itself.
Watch the tricky BS that starts to happen, if this actually begins to climb like fit.
One of the great illusions that the penny world loves to promote is the possibility of becoming a millionaire off of a penny stock.
What u propose in an indirect way due to your post is not possible in reality....respectfully.
yes, there will be a handful of us that make possibly up to a 50 - 100k on this trade...but this will be the max that the system will allow
