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Saturday, March 16, 2019 12:23:42 PM
OK, let's all take a deep breath:
Mc is doing this conference to wet the appetite for people and institutions to BUY the stock. The timing IS NOT coincidence. The likihood of 6-7M shares being sold in that 3.75 - 4 range is high as once this raise closes, I can see selling the shares for a quick profit while holding free warrants at $4 for 5 years. Hence, he is drumming up demand as folks from this conference will want to buy from the selling that will be happening. Obviously PPS is going up over $3.40 (like this week)
I share this because I am in HOLD mode until the end - but for those that want to get more shares and HAVE to trade her to do that, you have a CEO doing his job wetting the appetite so folks can grab millions of shares right quick.
* Frankly, I never understood why whomever bought this deal would want to sell ASAP for the quick profit but that concept is what it is. I guess they would rather have a 40 cent profit and FREE warrants rather than a $96 profit on 7m shares and 7m warrants (inside of 2 years) ? LOL - GLTA
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