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Wednesday, June 27, 2018 8:22:05 AM
It’s pretty obvious that the note holders have this pinned in a sweet spot where longs can continue to have faith because it’s not in trips yet, but still cheap enough for them to consistently sell without having to compete with retail. It’s a win-win for conversions. They’ve already sold around 1B in this range within the last 4-5 months. If Tom’s pumping can keep this going, why would they change anything? Think about it. BVTK would lose a lot of credibility if it were to get dumped back into trips at this point, and that would definitely put liquidity at risk. And that would not benefit the note holders whatsoever. If Tom is forced to R/S for that very reason, it's going to take a lot more effort to attract new investors again, at least for another year until the smoke clears.
oh idk about that.... i see peeps jump all over these garbage tickers after reverse split, they think it's a brand new baby clean as a whistle.....that's why it's so attractive to stinky ceo's ...there's always a fresh batch of greedy players waiting to enter the casino...
beware of the pump it will leave you in the dump
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