OLB Group Inc (OLB)

[PURA VIDA]

I am fairly new to this company as a buddy recommended me looking into putting some money here. From what I see (correct me if I am wrong please) the last capital raise was done at the market or somewhere around $5.50 per share and then there were warrants that were part of the deal at $6.50 per share. QUESTION: Did shareholder's get angry about share count and decide to dump ? or..... did "short sellers" decide to come in and take over the price action after that news? Or possibly a combination of both ?

The stock currently sits at $1.59 per share and according to the 3 year weekly chart the average price had been running around $5.10 per share. The last 2 days of trading has seen a little more demand than the past 2 weeks. I have been watching the price action on ThinkorSwim with charts, level II, and active trader ladders. Only the past 2 days (in my opinion) has there been any real interest in buying in. Before that, shorts have been coming in and just doing whatever they want. (MM's manipulating retail).

So, I am hopeful that the bottoming is taking effect and the price holds above the low of 1.43 and bounces back up to AT LEAST the $3.40 area.

Seems like a pretty dead board here.... but I would like to hear other's thoughts if they are currently invested here - or - are looking to get in soon.

Have a great week.