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Friday, May 11, 2018 1:08:33 PM
Of late, most days see around 30k shares traded. At .03x per share that's in the $1k neighborhood. Typical for people averaging in on a penny play.
Bigger investors who (possibly) know what's going on, are normally more in the $10-25k range. That's what we saw a couple months back. Unfortunately, the pps got away from them and no one wants to anti-up on a stock that's just had a 10 bagger. So the company was forced to rinse and repeat. It's possible that people are buying smaller blocks every couple days to avoid attracting attention, but I doubt it.
My guess is one day (hopefully soon) you'll see a fire sale. It'll be the company unloading shares at a .03-.05 - people will be screaming "bidwhackers" and "slap that ask" LOL - Waste of time, imo
Once the pre-load is done, they'll let it go and then we can all squabble over how high it's gonna run. Until then, all we can do is wait and watch. Well, that's my two cents.
Happy Mother's Day weekend to all,
4God
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