InvestorsHub Logo
Followers 7
Posts 385
Boards Moderated 0
Alias Born 06/16/2004

Re: alstocks post# 11290

Wednesday, 05/24/2023 1:08:26 PM

Wednesday, May 24, 2023 1:08:26 PM

Post# of 12614
ALSTOCKS, I think you're right over the target. When the company stopped trading, there was probably some convertibles left over. I figured this when it started trading again, and also figured that it would take a couple months to get those remaining conversions on the tape, and to shake out the people who were surprised to see a balance in there account again once PWDY did start trading again, and just wanted to exit. The firm that is clearing the paper still has some left. I did a couple trades today trying to hit the offer, and got filled below, which means the MP is still shorting because he knows there is more left.

But, I don't think we have more than a month left before the above stops, and we head higher.

If I was the CEO, I would have a GTC order sitting out there for say 20m shares at .0005, just in case we get another position close like we saw yesterday.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PWDY News