Thursday, May 26, 2022 1:25:40 PM
That got the price to shoot up twice last year. The slow decay is people cashing out and buying something else. The remaining shares are now idling. Doing nothing, making no money. They are just cash to do something else that can actually make money. I have over 100M of those myself. They are junk until the next spike.
But, during those spikes, I sold about half of what was then over 200M. I bought dividend paying stocks with the profit. Today, I received about $44K in cash dividends. I get those dividends very month. So, I could still regularly sell NSAV if I wanted to. Others probably are selling, which is why the price goes nowhere.
I don't believe it has anything, whatsoever, to do with what NSAV is planning now.
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