Wednesday, November 15, 2017 9:13:11 PM
In my opinion (just my opinion) i feel that there is little selling between where ee are and $0.15. Again, my opinion but legitimate sellers are holding on for what might be a good uptick. (just my opinion).
Sharing just my opinion i would say that your average seller looks for the most return he or she can get. So why sell at $0.13 when market is $0.136. My suggestion and again just my opinion is that they have a reason to do it.... so then i ask why?
1) desperately need cash
2) doing it to lower the price so margin call on potential short selling on borrowed stock is lowered
3) they heard something about the company that the rest of us have not
4) there are convertible note holders that benefit from a low printed price (there is no more variable convertible note holders in this company)
5) spread traders
All of the above is just my opinion. Like everyone here nobody knows but what is going on..but i feel these guys in management have a great opportunity and i believe in them.
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