CLST Holdings Inc (CLHI)

[PokerStar]

Exactly! Why anyone would sell down here is mind boggling. They are probably gambling that they can sell some that they bought for under .10 cents, sell in the .30s and buy back the same amount in the .20s before the PR drops. Quite the gamble if you ask me. The mere sight of the large block showing on the ask would have normally enticed selling but if you watch level 2 for the last 2 weeks, virtually no selling of any large amount into the bid has gone on. This is either someone or an MM trying to hold the price back while they continue to load. We may not get enough buyers to take out the block at .35 until the news drops, but if they decide to dump them into the bid to actually sell them, they will be absorbed and longs will buy what we need to, to get the price right back where it was. So if you actually want to sell them, dump them and don't wait until the final 5 minutes of the day to dump them. I
Again, I'm not sure why anyone would sell $2.00 or more shares for .30 cents???? You can't fix stupid! Too bad they can't buy patience!



PokerStar