InvestorsHub Logo
Followers 29
Posts 1366
Boards Moderated 0
Alias Born 01/19/2015

Re: Thee Z post# 25927

Thursday, 12/10/2020 9:56:04 AM

Thursday, December 10, 2020 9:56:04 AM

Post# of 47176
Thanks. I've learned that keeping a contemporaneous daily record of trades at each price point gives me a better picture of how many shares are likely held at each price point. I believe this gives me an advantage when trying to determine my trading strategy. For instance, I know the cumulative buys at each level (.0023 - .0048) since the middle of August. Having this information going forward helps me determine the likelihood of what may or may not be available to the bidders and, ergo, how far this may run. Bear in mind, this ticker has nearly three quarters of a billion shares outstanding and a run could be throttled if it moves too fast. However,if the R/M entity brings $10 million annual revenue to the table, .10 is actually a sustainable share value (not just a pump) and we could see a run move much higher. There will be millions upon millions of shares holding in the .003 - .004 range for 5 bagger + gains. The scarcity of shares, due to this holding, will serve to sustain the run as availability drives price.