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Post# of 1943
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MrSmith1488

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MrSmith1488

Re: None

Friday, 03/03/2023 8:56:05 AM

Friday, March 03, 2023 8:56:05 AM

Post# of 1943
So comparing the MOASS that $DRYS had in 2016...

If $PSHG carries out a re-split in the near future... For example a 8 for 1...

And then also published good news and filings...

Then the float will be easily reduced to a chunk that could be easily seized and dominated by retail investors, especially at such a bargain price...

Note that BDI has been gradually increasing in 2016 and at about +1000 it became attractive to savvy investors that wanted to seize the chance to cash out big on it....

I am in no way saying that they should do this, nor am I giving any financial advice (Please take this hypothetical scenario with a pinch of salt) but that if they did this, it could easily put shorties in a very bad place very fast...
Bullish
Bullish
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