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trader59, with that "front loaded thought...

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stervc Member Level  Wednesday, 08/04/21 02:03:36 PM
Re: trader59 post# 63952
Post # of 67979 
trader59, with that "front loaded thought...

I believe many of those shareholders that bought MONI back at or near its lows are gone. Research the volume history and look at how consistently there seems to have always been a transition of old investors to new investors by researching the volume history of this stock. If things were as you have stated, then the price would have been closer towards its 52 week lows versus its 52 week highs.

They have retired/cancelled 2.1 billion shares and is in the process of retiring/cancelling another 220 million shares. This means that after this next round of eliminating shares, the Outstanding Shares (OS) is going to be... 623,262,060 shares.... I repeat... 623,262,060 shares.

Let's put this in proper perspective for people to truly understand how great the situation is here. I am still holding TSNP (now HMBL) as it went from .0001 to $1.93 per share while having an OS of nearly 4.5 billion shares that later dropped down to nearly 3.9 billion shares. Question??? Do you think people didn't buy TSNP because they didn't get in at or near the bottom? Some people were over there crying that it was frontloaded in the .000s and to stay away from it because of such. Those that took that advice likely missed out on some huge gains.

I am still holding NSAV as it went from .0001 to .1493 per share and expected to go much much higher while having an OS of nearly 6 billion shares. Heck, the same logic above applies. I can post many penny stocks that have had huge moves while having a far greater OS than what we have here with MONI. I'm not because I think those that might of had such a concern truly see my point.

Wait... there's more to consider...

v/r
Sterling


Exit Strategy & Etiquette Thoughts for a Stock
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I never give investing advice; only my beliefs for risks in a stock.
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