InvestorsHub Logo
Followers 269
Posts 8489
Boards Moderated 0
Alias Born 10/05/2010

Re: splintered sunlight post# 555

Monday, 08/31/2020 2:34:02 PM

Monday, August 31, 2020 2:34:02 PM

Post# of 589
The o/s has only grown 335K shares since the r/s in 2016, that's hardly a monster dilution machine there....lol.

It really all depends on why it ran in the first place, if it was a low float pump, in a private Twitter or Discord chatroom, or something, then it will probably go back to being thinly traded....and the daytraders will keep whacking, and move on to the next pump.

If it was pre-merger volume, then on an 8K, depending on whats rolling in, could be back to $2.00 in a few seconds, just like it did twice Friday.

That's just the nature of micro-floats, they can go down just as fast as they go up, at least a merger should give it more legs vs only a pump.