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Wednesday, 04/07/2021 4:55:48 PM

Wednesday, April 07, 2021 4:55:48 PM

Post# of 52137
The promissionary note holders traded the debt for shares at a price point of 0.68. They secured a position of 2,230,400 shares. Quite a payload, but this position certainly isn't enough to satisfy the greed and foresight of a lender who is giving up guaranteed money like that.

I also highly doubt that these people are in the business of playing short-term and speculative PinkSheet trades.

It's no wonder that whenever we begin to approach that 0.68 price intraday, it gets rejected hard and begins to rally. This tells me that they are most likely watching this ticker daily. They are also in a very unique position to have a deep and historical understanding of IQStel the business, and $IQST the ticker. They can effortlessly play both sides if they want on such low volumes, all the while slowly adding to their original position.

What would you do if you were one of the only large institutions (perhaps the only) invested in a company that you had a tremendous amount of insider information on? You'd use all of your resources to maximize such a golden opportunity. I believe we are seeing just that.

0.68 is the absolute floor going forward in 2021
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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