Luminous had 28 million shares to sell on Monday of this week over an 8 buisness day period, which ends this coming Wednesday. They still had approximately 18million shares left to sell after selling 10M on the 26th & 27th....likely sold around 5m yesterday.(filing will probably hit beginning of next week). So they likely have 10-11m left to unload. BK stocks almost always drop to 10% of its BK announcement trading price, which was .33. Interesting to see what happens seeing that all commons will be wiped out. JMO & GL
Trade Date Shares Purchased (Sold) Price Per Share ($) Price Range ($)
08/26/2020
(3,150,000) 0.12 0.1135-0.1288
08/27/2020
(6,770,492) 0.08 0.076-0.100
The stock market is an predator / prey scenario where the Companies and their lenders are the predators and retail IS the prey. Play wisely!