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Re: CentHill post# 23352

Wednesday, 01/12/2022 11:30:01 AM

Wednesday, January 12, 2022 11:30:01 AM

Post# of 32130
CentHill, this would be the R/S. There is no way forward for this company with over a Billion Shares outstanding. They have 2 paths for this:
1) purchase 900 million shares (@ $0.235 would be ~ $211.5 Million)...or
2) a R/S

Reality will set in when it dips to the teens. Unfortunately, an R/S typically kills a stock...although it would recover eventually, those holding at the time would likely get crushed.

It was pointed out that I do not own this at this time, and that is correct. I sold at the high when I saw retrace coming. I will buy back in in the teens, and not until then or after the R/S occurs, because this company does NOT have $211.5 million in liquidity to purchase and retire shares.

Volume:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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