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Re: Surfacetite post# 127233

Monday, 12/02/2019 10:50:01 AM

Monday, December 02, 2019 10:50:01 AM

Post# of 186029
Because the >400 are shareholders known by the TA, and are not in brokerages. They are called 'shareholders of record', and they are the ones that include insiders, lenders, private (not public) investors, etc.
There are likely thousands of vrus shareholders including brokerages. MOST shareholders do not visit stock gossip pages, such as ihub. And MOST of the shares are held by those that do not visit here, which is why if we ALL decided to buy or sell at one time, the price probably would barely register a change. But of course, we will never all decide to do the same thing anyway, which is why none of us can influence the price.
Whales, of course, control the price. They have fixed buy/sell limits that are always in effect (which I also do with some stocks). While people blame MM's and everything and everyone EXCEPT whales for 'stock manipulation', it is the whales that control it. And, whales can work in 'pods' and do group buys/sells to enhance their holdings. This is all behind the scenes, while we watch the EFFECT of this activity and try to figure out what is happening. This is the OTC, and that's how you make money in it. No one makes any significant money on the OTC by 'going long' on stocks that will almost never go anywhere for any length of time. Like surfing, we can make money by 'catching the waves', but most of us ride right through them then wait for the next wave, etc.