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Monday, August 26, 2019 9:46:43 PM
I’m glad there isn’t a huge spike then I would be tempted to sell with such a large position for myself. Slow and steady with RSI spike’s above 70 every so often like in 2016. Can’t help but look back at that 2016 chart. The split won’t happen anytime soon in my opinion.
That 10:1 split would not be so bad as someone said, but I must keep in mind that companies low on cash to overall company standing usually R/S then dilute with an offering. Pharmaceutical companies do it all the time, but they have no income at the time. Miners operate differently due to not as difficult cash flow problems. The letter gave the CEO PT until 2023, so with such a long term deadline would lead me to believe it is quite a ways down the road. Best Regards.
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