Thursday, September 08, 2022 12:01:52 PM
Greetings Fellow Readers,
Its all too clear to see volumes of shares being sold at ever lower and stunningly horrible stock prices of CYIO.
Lets project clarity - - - We know the stock and its companies are not doing well or are not able to produce profitable results to support the company and its shareholders. We see stock prices continually decline from 50 cents to now 2 cents on a steady basis for years.
So who is selling stock? Two potentials are the most obvious
a. shareholders who paid much much more and have become completely exhausted at waiting for years with only steady losses to show for it.
b. the company may have issued more new shares in a desperate attempt to create some money to pay their bills.
Any other fanciful suggestions don't match the steady pattern we've seen IMO. And to those who might claim its temporary - exactly when has the situation NOT existed (existed 1 year ago, 2 years ago, etc. etc.).
JMHO based on actual observations.
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