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Re: VenOmousInvestor post# 32025

Tuesday, 08/25/2020 8:35:09 PM

Tuesday, August 25, 2020 8:35:09 PM

Post# of 48361
LOL me too...my gut has been racking up ten and 20 baggers recently...and just yesterday my gut said sell it all...and I didn't and the stock has crashed back down again--it was a one day spike...I like the company, could have had WAY more shares selling and then buying back in waiting for the next pop...compromised and sold half, doubled my money and still have 750K free shares...but I should have sold all of them over a penny and then bought back in under a half penny...should have listened to my gut...

Meantime my gut says buy this bloated pig. But my brain looks at this and says AYFKM?

https://www.otcmarkets.com/stock/EWLL/security

Authorized Shares
20,000,000,000

Outstanding Shares
9,985,998,282

Float
4,498,366,225

I have always avoided stocks with ridiculous share counts in fact quite the opposite I look for OTCs with around 100 -500 million out.

This is basically 45 times that...even with ATI being a billion dollar company that is a ton of shares...but my gut says get some...so I'll watch for a bit see if there are any interesting developments...like another wolf pack buying up billions in a day...or as I said might have been MMs going short and now they cover in trips...not a wolf pack. Also could have been some entity taking a position way down here expecting multi-pennies with a r-merger or what have you...I don't know.

Super high risk on the OTC but super high reward if you do it right...