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Re: DegenerateGambler post# 327112

Wednesday, 09/19/2018 10:17:44 PM

Wednesday, September 19, 2018 10:17:44 PM

Post# of 360679
The funny thing is Degen, you made the point weeks ago long before I even thought of it. Kudos to you...I quote you in the message I'm replying to:

The problem is when there is no volume in one day and only 1-2 million shares traded in a week, week after week this is a difficult trading platform to unload sell 210 million shares (if I owned that many). To sell hundreds of millions of shares would take over a year at this volume. With that many shares on the "ask" the price would likely go down, although going below one milray is not mathematically possible
Who wants to wait a year to sell their shares?



But here's the thing, and to your point, what if there really are a handful of investors who each own hundreds of millions of shares? What if???

They can't sell. And so a short seller can't cover.

What happens next?

Krombacher