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Monday, October 03, 2022 7:27:57 PM
I do think that after the RS it will be a very non liquid stock and could trade with something like a bid of $6 and an ask of $9. Now could you sell anything of size in that scenario?
Doubtful unless they have news that is out of this world.
I just checked and at a 1 for 400 I will have around 4100 shares. I did make $5 K or so on that dip last week, but I am down over $80 K since the drop from .18 or so.
Granted I did make very good money before that. About 5 x that $80 K loss. But still. No one just wants to throw away money. The issue is I just don't see how this company and its stock can ever do well without diluting the new OS to kingdom come. And that is where we, the early shareholders, are going to get killed.
Trust me if this does double or so after the RS? I will be dumping everything I have
Doubtful unless they have news that is out of this world.
I just checked and at a 1 for 400 I will have around 4100 shares. I did make $5 K or so on that dip last week, but I am down over $80 K since the drop from .18 or so.
Granted I did make very good money before that. About 5 x that $80 K loss. But still. No one just wants to throw away money. The issue is I just don't see how this company and its stock can ever do well without diluting the new OS to kingdom come. And that is where we, the early shareholders, are going to get killed.
Trust me if this does double or so after the RS? I will be dumping everything I have
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