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Tuesday, May 16, 2023 8:25:24 PM
BUT But but....who keeps buying the shares being sold ?
Isn't it silly, really, to wonder who's selling ?
IF this was a sell fest and no one was buying or if MONI was getting diluted to death with shares from note holders being sold daily and the float growing then one might have reason to worry.
Sure, if someone wants to sell 10 million shares suddenly and there isn't the buying support then there might be an issue. But that's not what's happening. I have to lol at the do you know how hard it is to sell millions of shares boooo boooo casper scary scenario.
Especially when that is true of most OTC stocks trading in this area.
I mean, I've been watching other stocks that trade millions daily and the SP never budges. Someone is selling and someone is buying and atm it's a standoff here and other places. Of course, with other stocks that some love it's ok and won't be an issue trying to sell millions of shares for a profit, even when there's major dilution to go along.
We're either going to get something solid here and the SP will go up or we won't and the SP will go down. I think it stands to reason that the same thing applies to most every stock.
I can list a ton of stocks here where the SP is stagnant and we could ask " But...who keeps selling ". It's not as if it's only MONI trading like this.
Pretty silly imo to even wonder such a thing. I mean the SP was low 003s for a while and a lot of people bought shares then and on the way up. Again, if we were getting diluted, if MONI was selling shares then I'd be a bit concerned.
Early Jan was the 52 wk low. The SP has ACTUALLY climbed since then and even hit .02 briefly and all along the way it was going to be tough to sell millions of shares. Yet millions of shares have traded and the sp is way up since Jan.
Conversely, how can one hate everything about MONI yet love other stocks ? Especially, for example, a stock which was at .012 in Jan and has since hit .007 and is now trading .001 ?
I mean, are other stocks exempt from having the issue of " who's selling " ?
Is a stock which is down from .012 to .001 in the same timeframe and has had the float increase by 10s of millions better than a stock which was at .0031 at the same time, is NOT being diluted and is now holding strong at .013-015 area ?
.0145
MONI
Isn't it silly, really, to wonder who's selling ?
IF this was a sell fest and no one was buying or if MONI was getting diluted to death with shares from note holders being sold daily and the float growing then one might have reason to worry.
Sure, if someone wants to sell 10 million shares suddenly and there isn't the buying support then there might be an issue. But that's not what's happening. I have to lol at the do you know how hard it is to sell millions of shares boooo boooo casper scary scenario.
Especially when that is true of most OTC stocks trading in this area.
I mean, I've been watching other stocks that trade millions daily and the SP never budges. Someone is selling and someone is buying and atm it's a standoff here and other places. Of course, with other stocks that some love it's ok and won't be an issue trying to sell millions of shares for a profit, even when there's major dilution to go along.
We're either going to get something solid here and the SP will go up or we won't and the SP will go down. I think it stands to reason that the same thing applies to most every stock.
I can list a ton of stocks here where the SP is stagnant and we could ask " But...who keeps selling ". It's not as if it's only MONI trading like this.
Pretty silly imo to even wonder such a thing. I mean the SP was low 003s for a while and a lot of people bought shares then and on the way up. Again, if we were getting diluted, if MONI was selling shares then I'd be a bit concerned.
Early Jan was the 52 wk low. The SP has ACTUALLY climbed since then and even hit .02 briefly and all along the way it was going to be tough to sell millions of shares. Yet millions of shares have traded and the sp is way up since Jan.
Conversely, how can one hate everything about MONI yet love other stocks ? Especially, for example, a stock which was at .012 in Jan and has since hit .007 and is now trading .001 ?
I mean, are other stocks exempt from having the issue of " who's selling " ?
Is a stock which is down from .012 to .001 in the same timeframe and has had the float increase by 10s of millions better than a stock which was at .0031 at the same time, is NOT being diluted and is now holding strong at .013-015 area ?
.0145
MONI
Bullish
