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Re: money6870 post# 57674

Monday, 05/04/2020 6:54:15 PM

Monday, May 04, 2020 6:54:15 PM

Post# of 79252
Not true. Acquisitions are usually done with restricted shares. I think the selling is from a buyer/ buyers that bought millions of shares somewhere from .0008-.0030 that didn't have enough liquidity to sell all the shares sooner. Since news came out, they had the buyers to dump. It's common for a penny stock to drop on news because buyers allow big selling to occur without tanking the price too much
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