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Re: NewTrader2017 post# 5005

Wednesday, 09/16/2020 3:29:37 PM

Wednesday, September 16, 2020 3:29:37 PM

Post# of 33889
Look at the volume, the note holders have come off the gas...probably because they knew the OS would be out. That’s how they work...stop the dilution and let a false sense of security come back in then hit it again.

There was a boatload of 0.0001’s flooded into the market during this round. Still enough willing to take the gamble and buy them I guess.

But eventually even that runs out...and no-bid appears.

The convertible debt still has more than 10 Billion shares left to convert...and even Dennis’ nonsense won’t create enough hype to absorb all that.

The other factor is the more T1’s in the market the harder it will get for anything much above T2/3 as many will just take the double or triple on the flip.

It’s a vicious circle.

But the dilution is happening and it is stock priced BELOW T1.

Dems da facts....

Good luck....!

"Harsh reality is always better than false hope"

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