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Re: Toddini post# 61266

Monday, 06/17/2019 11:46:07 AM

Monday, June 17, 2019 11:46:07 AM

Post# of 74798
Everyone seems to care so much about an uplist. Unless it's uplisting to NASD or NYSE, it won't help the share price. I watch over 100 OTC stocks in this sector (pot/cbd/hemp), and over the last 3 years every pinksheet that uplisted to QB hasn't had a rally due to the uplist, in fact most of them decline in price after uplisting. My guess as to the reasoning for this is that people seem to expect a rally on news of uplist, and it doens't happen, so then they sell. Better start hoping for some better news, something that has to do with making lots of $ (uplist, acquisitions/purchases, license grants will not create a rally IMO.). I think the most likely cause of a rally at this point is if the share price goes under a penny, that will attract buyers and possibly create a rally to go close to .02.