Tuesday, June 22, 2021 5:42:01 AM
"snow Member Level Thursday, 06/17/21 02:56:27 AM
Re: averytheindian post# 65557 0
Post # of 65621
Is it a good time to buy more shares as soon as possible? My guess is that it is. At the beginning and at the end of April the stock price was more than twice the current pps. My intrerpretation is that the person controlling this company has just tweeted that everything is coming together regarding the June 30 target date. Up to now there has been no information available regarding the target date as far as I know. Therefore it would seem reasonable to expect thestock price to decline slowly. There has however been a big demand for shares at $ 0.0013 for some time. This suggests to me one or more big buyers who are accunulating a lot of shares despite the uncertainty of what is going on. Are these buyers aware of things unknown to the market? I don't know.
The recent tweet creates a new situation in my view. Now we have a target date at the ende of this month. I would expect that there will be an increased interest of buying shares among traders who hope that there will be a big spike in the pps as we have seen twice in April. If the pps moves up gradually in anticipation of such a spike it would seem to me to be a good idea to buy the shares one wants to buy before the pps moves up much since this would be financially advantageous. Time will show if my analysis proves to be right or not."
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