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Thursday, October 07, 2021 10:32:47 AM
Therefore it’s very hard to amass a large pile of shares without taking massive risk.
Ihubbers don’t put that kinda money in unless it’s a trip. Now some traders that were watching would have loaded the 3’s and then would have sold off a few on the ride up. But if they were truly traders they should still have shares left just incase.
So with that being said, I watched that Lvl2 for over a month th straight, taking notes….some can vouch for what I do here.
But they were selling off massive shares that entire week and On day I’m pretty sure we traded the entire float to help with offering. That day alone was almost 11 million dollar volume. Not including the week prior and the week after that. I highly doubt ihub pushed more than 2 mill mac through there and maybe the underwriter churned it up so they could help with the offering and still that doesn’t come close to 11 mill for a day. As if you can remember it took off quickly on the first pop for 120% gain. The dilution continued for almost 3 weeks and now it seems they mace have gotten close or even enough from the offering. Either way at this point it’s still worth another trade as .03’-.05’s are still possible for a churn and then another push up.
You cant have my signature....it's priceless
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