What an interesting play. TSNPD is sure getting a lot of attention last Friday until today.
Monitoring the sentiment and it seems to being leaning towards a common thread of the news Friday with the surprise reverse split, tickeri purchase, and stock price increasing, is bad.
Some of the positive sentiment is probably a bit too optimistic as it is doubtful the stock price will soar to $20 based on what we all now know.
Good. Bad. Or, indifferent. It really does not matter. Tomorrow the markets open and we will all get to see what TSNPD will do.
From my perspective, those with shares of TSNP pre split would have loved to take profits on Friday and I'm sure the news we all now know is not enough for them to change their minds from taking a profit once the new cusip numbers are in their accounts. Can't blame them. That's what I would do.
As for shorts, naked shorts, etc... they exist. Many will say not for penny stocks, OTC, etc... but what has not been mentioned is the questions of those that loaned money to the company, shorting and converting. Does TSNP have convertable debt? If so, that would make sense many want the stock price to drop to nothing.
TSNP also has some long term investors. People who have dealt with the stock for a long time. Some probably have not sold one share yet. Some probably have traded.
As for myself, I bought 780 shares on Friday for $4.41/share. Sure, it would be fantastic to see the share price soar to crazy levels. I however do not think so. But once the price gets to my personal sell level for profit, I'm going to take it as profit is a good thing.
Maybe there will be more opportunities now to buy/sell TSNP as it gets what was mentioned in the video Friday.
And finally, the technology TSNP has is boring to me. I'm old, like cash, still write in cursive, love the U.S. postal system etc... but it appears the youngsters out there just may love what humbl has to offer. This is what I'm banking on.
