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Thursday, May 17, 2018 10:53:32 AM
I can put 2 and 2 together.
1/3+ of all shares sold in the last reported 2 week period for the O/S were toxic dumps.
Q4 toxic notes (over $1 million) are now over 6 months old, which means they can convert and dump.
They convert at a discount to the low price looking backward, so as the price falls, they pay less and less to cover.
Pretty obvious if you know how these toxic funded pump and dumps work.
1/3+ of all shares sold in the last reported 2 week period for the O/S were toxic dumps.
Q4 toxic notes (over $1 million) are now over 6 months old, which means they can convert and dump.
They convert at a discount to the low price looking backward, so as the price falls, they pay less and less to cover.
Pretty obvious if you know how these toxic funded pump and dumps work.
"There's a sucker born every minute, 2 to take him and 4 to lend him toxic debt" PT Barnum's investment advisor.
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