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Re: Floatable1 post# 54728

Thursday, 07/16/2020 11:06:00 AM

Thursday, July 16, 2020 11:06:00 AM

Post# of 161739
Floatable has got it right. Bear in mind that the numbers we see in terms of bought and sold can easily be manipulation by market makers. Let's say you're holding a stock that's $100 a share . some market maker or other manipulator comes in and sells 10 shares at $90 a year and for a pittance they have caused a 10% decrease in the " value " of the stock. Lots of folks get horrified and think oh no, my stocks in trouble what am I going to do?

This " painting" has a tremendous influence on the price per share that we see when we assess our position. Tiny amounts, I mean tiny sales, sales that are all but inconsequential can be used to influence us greatly in terms of whether to hold, buy more, or sell. all through these last couple of days when we've seen the prices drop here the accumulation has not stopped it has not dropped below zero shares. That should tell you something. All through this mess of the price falling some of us are out there buying like crazy.

Don't let greedy manipulators spook you out of your hard-earned shares. Now that we have seen where this stock can go it's quite likely it's going to go there again, soon ( market makers don't like to hang on to their stock inventory very long, they like to make their money instead .)

If you purchased shares because you liked the story of this company, if the story hasn't changed keep the shares, don't let the prices per share as they rock back and forth scare you. The OTC is a place where the primary fuel is emotion, and the engine into which that fuel is poured is the story. Crappy engine, losing the race. High performance engine State of the art, winning the race.

Spock.... Dilithium crystals, crossing light years of space in the blink of an eye. Ha ha ha ha, go baby go.
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