Monday, October 04, 2021 11:56:42 AM
StraightTalk2021
Bullish
10:31 AM
$GFTX
The only reason it could have traded there is that there is no way to place a bid. Only institutions and high net worth peeps can bid it. Otherwise it would be trading up IMHO
So think about it. It traded at .004 just last week on one trade of 250,000 shares. Then .0002 on 8000 shares? LOLOLOL.
The market maker has a spread the size of the Baltimore Tunnel in it to protect his/her downside/ .0002 x .004.
Why would the stock go down when they just filed their 10-K for 2020 and now this week they may file both quarters for 2021 and be current? The market maker is not going to buy any inventory absent bids. But he now owns 8000 shares that he will promptly sell when a bid appears.
If I could bid it I would buy all they can sell at .0002. That means the company is only worth $250,000? LOL. Sell me all you can.
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