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Re: 123boom post# 11945

Wednesday, 08/16/2017 6:04:07 PM

Wednesday, August 16, 2017 6:04:07 PM

Post# of 191996
Dilution, probably from August note due, with it vndm push Cdel out of the way and pushed the price down where people feel very comfortable buying. They will push it to the point volume comes in. They were hitting anything, I grabbed a bunch on 10s myself. I thought I might get some 8 today, I was the high bidder a few minutes with it. But it clearly is some dilution, if it is the August note, Rory should know they are the ones doing this. He said yesterday he didn't know, which I find odd. It is someone with a few million shares, so it should not be to hard to track down. If it is that note though and they are converting at .07, anything over that is gravy to them, so we could see single digits. I liked how the price held strong today though, except the few minutes I had the high bid at 0.08. Hopefully we grind through them fast and then bounce.

This will run, but to sustain big gains we need revenue for two reasons IMO
1) to bring in new excited investors
2) to stop paying with shares and start paying with cash, so the priced doesn't get knocked back down with those shares being dumped
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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