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Re: Chile1974 post# 169403

Friday, 09/04/2020 2:53:44 PM

Friday, September 04, 2020 2:53:44 PM

Post# of 192186
I believe the high volume we experienced for the past 2 months was coordinated by the underwriter while the acquisition was being negotiated. My guess is that the transaction involves some payment in shares and to make that more palatable they traded the stock in a range to give the impression of liquidity to make those shares more attractive. The decline in volume tells me that part of the transaction had been agreed to and the fake volume was no longer necessary. It also explain the lack of communication from VERB. A "Non-market conditioning" clause is very common whenever a financing, merger or acquisition is being negotiated.

All this leads me to believe that once the acquisition in closed the market will change as VERB kicks off their delayed PR Campaign, VERB Live Marketing Campaign and open the gates for PR's that were restricted while the acquisition was ongoing.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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