InvestorsHub Logo
Followers 2
Posts 115
Boards Moderated 0
Alias Born 04/26/2016

Re: dkwautounion post# 47862

Thursday, 07/25/2019 9:11:04 AM

Thursday, July 25, 2019 9:11:04 AM

Post# of 63508
Well, this one has been at .0001 fairly recently and had previously reached somewhere around .007 so it is not out of the realm of possibility.

My question would be, if you own 20 million shares now and it hits 5 cents, who the hell is going to give you a million dollars for it? I'm guessing nobody. You'd be forced to sell it off in chunks of 10-20,000 at best, but then everyone else would be trying to do the same thing, driving the price down. I suppose the best plan is to keep selling it off on the way up until you don't have much left. At least then you'd be driving the price up instead of down.

Maybe some sub-penny veteran's on this board can offer up some advice.