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Re: lydia1981 post# 192893

Tuesday, 01/04/2022 9:05:05 AM

Tuesday, January 04, 2022 9:05:05 AM

Post# of 228164
It trades like a stock with a smaller float because at any one time, not many shares are being traded. People are holding long to get the big gains someday. That is why it shoots up and crashes. It does both on relatively little money. So, we really don't need a share buyback. If it goes to a dollar, most of use will be rich, and when it goes up a penny, most of us make a lot of money on paper. The reasons for the buyback are to get the share price up, to be on the NAZ, to get more respect, and to stimulate more money flowing into the tokens. And, if we hold our shares, after the buyback we will make a lot more money! OK I have convinced myself we need the buyback! LOL.