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Det_Robert_Thorne

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Det_Robert_Thorne

Re: stock_clerk post# 208088

Monday, 06/12/2017 5:56:54 PM

Monday, June 12, 2017 5:56:54 PM

Post# of 238119
Could have something to do with $0.22 convertibles

Funny ppl selling shares of AXIM in hopes to drive down PPS so that MJNA stands less to gain by 2018- big fault in that idea though.


Or it could have something to do with the ongoing convertible debt being converted at $0.22/share. The debtholders have a lot of headroom to play with.

What I think they're doing to maximize their gain is selling small batches, then manipulating the price upwards before converting the next batch.

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Volume:
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  • 6M
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