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Thursday, December 26, 2019 11:04:44 PM
In your last post, you wrote:
“So, we have a huge amount of shares being purchased by big boys, who will be holding these shares for a substantial amount of time, as they know how big this company will be.”
While I certainly agree with you, I have one major concern. While it is true that a huge amount of shares are being bought by a purchaser that “knows how big the company can be”, a huge amount of shares are also being sold by someone that is equally convinced that the company will never be what the large purchaser believes it will be. There has been approximately 30-35 million shares sold during the past three months. Presumably, the only ones that have ever owned that many shares are former insiders at the company. That's scary because you would think that if anyone knows how far the company “can” or “cannot go” it would be them. What made them lose their faith? Are they selling because they are bitter “former” insiders or do they know something that the rest of us do not know?
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