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Re: Traderfan post# 3720

Thursday, 05/19/2022 12:45:54 PM

Thursday, May 19, 2022 12:45:54 PM

Post# of 5665
Quote:

You will always get this from me, on every stock no matter if I'm invested or not invested or whatever is the case. I will always call it like it is.
[/I]

Glad to see and I try to do the same as well.

I give you the reasons why we went down from the 13 area, just as I see it, people can certain disagree.

1. No mention from the company ever, nobody thought 6 months ago that this would be possible that they bought a shell and then go silent for 9 months or longer. [/I]

EXACTLY

2. The overall OTC market was an absolute horror show last few months, especially shells had no buyers at all anymore. [/I]

CORRECT

3. Crypto stuff as I already said has been very weak last several weeks. [/I]

YES IT HAS

4. As I said many times in the past, we have one huge seller who has been selling an endless amount of shares starting at around 7 or so when I noticed that he (CDEL) always showing 100 or 200 shares on the ask but was selling 2k or 3k and only moved up a fraction and then sold another 2k and as soon as no buyers are there anymore, he will go down, the guy managed to do this from 7 or 8 (when I first saw it) down to 1 buck now and the situation is the same. He would have sold much more all the time but we simply don't have more buyers unless we go a leg lower and then another leg lower to find some more and so on. This is not a retail seller, I think that should be clear watching him for months now.[/I]

THE SELLING HAS BEEN PERSISTENT AND CONSISTENT. ENDLESS. THE CRAZIEST THING IS, AT THE LOWEST PRICE WE HAVE THE LEAST AMOUNT OF BUYERS. DEFINITELY NOT A RETAIL SELLER. ALL THE BEST TO YOU.
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