InvestorsHub Logo
Followers 138
Posts 6558
Boards Moderated 1
Alias Born 08/01/2009

Re: None

Monday, 02/13/2023 7:49:58 PM

Monday, February 13, 2023 7:49:58 PM

Post# of 5275
The pps has been getting trashed, even though the share structure hasn't changed since December. The selling is ugly but where is it coming from if it's not dilution? TA verified s/s numbers haven't gone up since December, and that's the official number (last updated 2/10). So my question is, where is the selling coming from? Specifically, where did all the selling pressure come from on 1/12 when over 210 million shares were dumped? The o/s didn't go up, so what was it? For reference, that's 3x the float so that's a huge deal. Now the market cap is $750k here?! Like what the actual heck is going on? It's trading like a float that is 10x or 20x that much.The only two answers I can see possible here are they issue a PR and say whoopsie daisy we forgot to report all that dilution (even though there's not even that much room left in the A/S so only 63 million would have even been possible) or else that 1/12 volume bar was a whole lot of panic selling caused by some sort of naked short dumpathon. We'll see, but imo the company will release more PRs before too long and they will be good news. Hopefully.

I'm cautiously bullish, but one way or the other there's something funny going on here. I'm hoping it's a funny profitable sort of funny.
Bullish
Bullish