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Re: ap17 post# 45126

Friday, 05/01/2020 12:02:20 PM

Friday, May 01, 2020 12:02:20 PM

Post# of 63429
@ap17: When INTV first came out, it was the best mining stock on the market. Bar none. The Float was 7.9 mil. They had crypto assets. 10% of the float was a mere 790K in trading volume. Strong crypto price moves made 1 million share trading volume days common, which skyrocketed the stock. That's why it went from $0.75 to $6.75 Shorters got killed. Decimated.


A higher float makes that momentum much, much harder. Today the shorters win, simply waiting it out. And not long.



@dipbuy: The prices of the study were based on Dec 2019. Bitcoin was at a low at that point. Higher than 2016, but the whole point is the crypto assets are worth way, way, way more at a short term future date.

In 2017, BTC was $10K. INTV was above $1.

BTC is in the last 3 days near $10K and we are under $0.05... under a nickel ! How high does BTC or ETH need to trade for INTV to be $1? And with the high float, how much volume does the stock need to get there?

So far today 1.5 million shares traded. That's $60,000. That's not alot of money at all. Don't exepect big big movements at such low dollar volumes. The highest volume day we had in the last 6 months was 5 million shares ($50,000 at 0.01 c/share).


Steve's play is all in for next week. Halvings occur every 4 years. This is the exit plan for anyone in this. Next week is the final act in high prices of INTV.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y