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Re: None

Thursday, 05/13/2021 8:27:39 PM

Thursday, May 13, 2021 8:27:39 PM

Post# of 1701
First of all I'm long, in at .35 and .45 and ready to buy when I think this fire sale is over.

Somebody has dumped over 18 million shares this week and there haven't been any big buyers. This stock has so few outstanding shares, float and average daily trading volume that it doesn't take much volume to change its price in either direction. If you look at the past 5 days the volume has been heavier than "normal" and has been mostly selling.

The previous week we only had over 1.8 million shares traded and 4 green days. Why such an increase and why red? This feels like dilution but I've looked through all of the current forms but I see no issuance of new stock for that purpose. That does not mean it isn't there. Let's hope they're about done.....Next stop is around .165.....

If you look at the recent updates there were some individuals that left that had access to millions of shares. If you sell $1 million shares at .20 you rake in $200k. Not bad if your getting out......
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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