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Monday, January 04, 2021 6:57:29 PM
The float as of 9/30 10Q was 4,380,837,122
So, they can still dump about 1.7 billion more. However, with the amount of volume since 9/30, the actual number is most likely way lower and most of those shares are already in the float.
With that being said, this has all of the ingredients for a massive run:
- CEO communicating with shareholders
- Current with their fillings
- Has multiple upcoming catalyst
- No RS
- No AS increase
I don’t believe the CEO long term on the last two items, but since I’m a day/swing trader, I’ll buy what he’s selling for now :)
The way that similar plays have been running, I wouldn’t be surprised to see multiple pennies within the next couple of weeks
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