InvestorsHub Logo
Followers 11
Posts 1297
Boards Moderated 0
Alias Born 04/02/2009

Re: Joecanada13 post# 29702

Monday, 09/03/2018 12:56:39 PM

Monday, September 03, 2018 12:56:39 PM

Post# of 33251
it could be nothing more than the company has just authorized a boatload of new shares and it wants to sell some of those shares. if that is the case, then the challenge is to figure out how much money they want to raise in the near term, watch the volume, and make a play on that.

selling 100 million shares averaging around $.05 would bring them $5 mil. if something like that is the plan, then the volume will dry up and we can probably see the price settling down until the next release of significant information or the company decides it needs more cash and then plays the game once again.

my thought is if the company is working toward a 100 mil share sell they are maybe half way there. i'm thinking about selling half of my shares in the coming week figuring the share price will fall and i can repurchase those sold shares plus add some more.

if we look at four more days of 10 mil plus/minus share volume per day then friday might be my target.

just a thought, not meaning to either pump or dump. am holding 100k shares. if i'm wrong and the ship comes in, still planning to keep 50k of those and will be fine with that.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ENDV News