CLKA Pond fishing play; Homework complete. It's all in the numbers!
A/S 3,5450,000,000 as of Mar. / increased from 1,450,000,000 Nov / increased from 1,000,000,000 Sept
New offering 1,250,000,000 Mar / original Nov 1 bil
Hint of managements plans and expectations.
Sept 2017 - 317 mil OS
Dec 2017 - 427 Mil OS
Mar 9, 2018 - 627 mil OS
Shares for sale in move 310 mil dilution visible so far.
Most of this OS dilution was cleaning up debit, with only 17 mil sold in Nov to Dec offering.
Fridays buy/sell volumes; 399 mil
164 mil buy / 227 mil sell / 8 mil ?
64% price pop day! .0013 to .0018
My rule of thumb for manipulated plays is 25% of volume normal retail in & out day trade volume and 75% darkside bid/ask upward manipulation.
My thoughts, someone selling into this (AKA) feeding the herd. Management has big plans & expectations since Nov 2017.
There is a reason everything is getting larger and shares are being shifted increasing OS ahead of price and volume pop!
Also managements desire to make room for 1.250 mil offering which only sold 17 mil from original 1 bil Nov to Dec. A/S tripled.
With the poor offering fill. Why the hell make everything larger unless you have something in the bag since Dec?
And oh-yea the company moved into a new shell June 2017 with a name & symbol change. These OTC game plays normally take from 6 to 9 months to set everything up.
This just feels like the old OTC wild west setup of 2008, not 2018. LOL we'll see what happens.
