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Re: pacman181 post# 1411

Tuesday, 08/20/2019 6:44:02 PM

Tuesday, August 20, 2019 6:44:02 PM

Post# of 1553
Just trying to identify where the red volume is coming from.

The Series D may be executed at will.
If they were sold at .0001, their value is already 299x the face -- and could explain the red volume.

Would also mean 400 and something thousand shares would hit the OS.

*Not tragic.

Buuuut, because the note explains the Series D shares have a $20.00 evaluation, at a strike of .02, that converts each series D into 1,000 common shares.

With over 400k series D sold, that would add about 475M shares to the OS, and I do not believe this scenario explains the "sell in news" red volume.

Or...its being heavily shorted due to low volume.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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