Wednesday, December 09, 2020 1:31:15 PM
During the first 14 trading days of August, less than 9 million BLLB shares traded (about 650K shares average per trading day). Then on August 21st 31.1 million shares were traded. That was the last day BLLB traded in trips and a good indicator that some watchers new something early.
Including that day and going forward through September and October, BLLB traded 550 million shares (all but about 98 million shares of the float).
November and December have seen an additional 62 million shares traded, while maintaining a fairly static price range (mostly .0028-.004).
It is my opinion that a large majority of trip holders have already sold for huge gains and, as a result, there is not many shares available as we advance.
If you are new to this ticker, and are bid sitting to get a position (or, if you have a position and are wanting to accumulate more), be advised that when this begins its move, it will happen fast and you will be left behind as a chaser. Save yourself some money by slapping the ask now and then sit back and enjoy the ride.
Share count numbers tell a story and should not be ignored.
Recent BLLB News
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FEATURED Glucotrack Announces Expansion of Its Continuous Glucose Monitoring Technology to Epidural Glucose Monitoring • Apr 17, 2024 8:00 AM
ILUS Provides Form 10-K Filing Update • ILUS • Apr 17, 2024 9:54 AM
Maybacks Global Entertainment To Fire Up 24 New Stations in Louisiana • AHRO • Apr 16, 2024 1:30 PM
Cannabix Technologies Begins Certification of Contactless Alcohol Breathalyzer, Re-Brands product series to Breath Logix • BLOZF • Apr 16, 2024 8:52 AM
Kona Gold Beverages, Inc. Acquires Surge Distribution LLC from Loud Beverage Group, Inc. (LBEV) • KGKG • Apr 16, 2024 8:30 AM
Branded Legacy, Inc. Reports Significant Net Income of Over $3.8 Million • BLEG • Apr 16, 2024 8:30 AM