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Tuesday, September 10, 2019 12:10:34 PM
The reality is that CLWD has an RS or two in their past and this is somewhat of a kiss of death for any OTC company. I do believe that Brad Parscale and his association with CLWD can and will give them traction but I’m cautiously optimistic there since absolutely nothing has really changed since he came on board. I think CLWD has mastered an impression of a flounder really lol..
This recent offering of securities and the very conspicuous amount of shares being snapped up is a glimmer of hope. I find it compelling that almost 20% of the OS has traded since the announcement of the recent (8/30) share offering, without much change in share price. Seems like someone or some people are being very systematic in absorbing large amounts of shares. I would love to go further and think the company is buying back shares but that’s going too far lol. Whatever the case it looks like 1) MMs are assisting in maintaining pps while someone buys lots of shares and 2) the buyer or buyers are not retail.
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