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Re: Genya90 post# 557

Friday, 08/02/2019 1:33:50 PM

Friday, August 02, 2019 1:33:50 PM

Post# of 1193
They are just throwing everything out there to see what sticks, a lot of shares short at the moment, confusion is their friend at the moment. Swing traders, short term holders and some long are confused whats this mean that mean.

Through all the legal jargon what it means plain and simple is they have tried to form a poison pill as it were so that the stock (company) will not be able to be bought out without shareholders receiving their just do. They has set that around $18 at the moment, there is also listing in theire, dividends etc etc just convoluted lawyer talk, what it comes down to is an excellent thing, and gives one the confidence that A they won't get cut from profits and B that the stock is worth far more than it is trading 500-600%.

End of story, but, people are not savvy for the most part and for that 100K whatever amount of weak shares there, they want them, and they are there to say, "don't worry, daddy short is here to help you, that mean old company, daddy will take care of you.

Its a defensive move nothing else, as will be a shareholder update with this Q ending this weekend, they need to throw confidence out there, plain and simple and are doing so.

Peace out

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