Monday, July 08, 2019 8:45:12 AM
These deals are affected by the average price a stock is trading at... and now that the stock is starting to wake up with record volume, they might be trying to rush this deal along before the stock gets too high. This is also why someone is probably trying to control the price and hold it here... It’s not in CRBTFs best interest to hold the price down, because they gain negotiating power if it moves higher, but it’s in the other company’s best interest to do so. They could be shorting us through foreign accounts. This stock is traded on the German exchange
The good thing is that when the price started to get active, it gave them a good example of how easy this stock can move. This surely excited the other company and gave them an example of how much money they’re going to make by merging/being acquired, which helps the deal get pushed along and negotiated much easier.
These clues suggest that we’re about to see some monster news here and it should rattle the crypto penny market. This stock is a MEGA bagger if large amounts of fresh eyes are drawn to it, no doubt
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and validation.
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