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Thursday, December 31, 2020 8:37:18 AM
On the other hand, market makers want to end the year with clean ledgers. They don't want to be either long or short any stock. Screws up their own books. So when a big order like that comes in in the last minute or two, they will bid it as cheap as possible to a level where they know they can sell it out today with little risk of a loss.
Had this seller had half a brain, and put that order out at least a half-hour before the close, the way this stock had been trading, it probably would have cleared above .075>.
As I have been hinting at for the past six months, with Gina in the C-Suite and Holloman Energy needing at least .25 liquid just to break even on their Pension plan investment and seeing the early deals they are already doing, looks like a great year ahead.
I know they are hurridly working on getting this back to SEC fully reporting status ASAP. SEC reporting status my guess will happen this quarter. Under the rules, any shareholder that holds more than 10% (Like Holloman Corp) would, by definition be a "Control Person" which means they have super restrictions on how they can sell their shares when ready. Not just reporting requirements, but also volume and timing restriction requirements. So as soon as they do try to sell some of that position, we will know it.
JMO.
Happy New year to all.
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