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Saturday, May 09, 2020 10:41:44 AM
But with all the double prints yesterday that is that much fewer shares available even if the float gets chipped away a few at a time. Also if one or both of them feel like they can get the rest at a higher price of what's left over to complete their orders they'll just hit the ask for the difference to complete their positions.
So just saying...suppose they both have 100,000 share bids but keep getting filled 1,000 here 2,000 there with duplicate prints etc. then WHAM! news comes out and they still need say 50,000 - 80,000 still to go. They may just figure 'Ah...screw it! I better grab 'em all now while the price is still down here around the 4 - 5 cent range instead of fooling around bid sitting!'
That would be just the icing on the cake to add even more fuel to the fire. And who knows just how many more big buyers will show up depending on the news of course.
I know I sound like a broken record but with the tiny share structure here (75 million A/S Just under 20 O/S and float 600k AND CHANGE) and don't forget the fact that if anymore Form 4s are filed (someone posted earlier that that ALONE with the share structure would put this at 25 cents MINIMUM) this is setting up for mega huge...NO...
MEGA YUGE RUN HERE!
Shares are going to be very VERY SCARCE here very VERY SOON! IMO
Those who try to bring you down are already below you.
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