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S&P 500
5,304.72
(
0.70%
)
US TECH 100
18,318.00
(
0.95%
)
Dow Jones
39,069.59
(
0.01%
)
Brent Oil
82.39
(
0.50%
)
Bitcoin
68,526.56
(
0.02%
)
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JayTrades

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JayTrades

Re: investa 2017 post# 5320

Tuesday, 10/17/2017 1:34:56 PM

Tuesday, October 17, 2017 1:34:56 PM

Post# of 8753
It depends on how you look at it. This dilution is all due to convertible equity loans at a 50% discount to the lowest posted bid over the last 20 days (toxic debt), so as of today the lenders could take their next payment in shares at only $.0005 each. But they will have to spend $$ on IR to find new buyers for those shares, and each time that happens the stock pops up for a few days (and I sell).. that's what I'm betting will happen again.. I've been trading this stock all year, and done well buying in the dips.

* Just my personal opinion, I'm not a registered advisor.
Happy Trading
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