normally an R/S wouldn't be good at all. and indeed if I thought UBQU was now a POS that wasn't being manipulated by wall street above GPL, yeah it would be horrible!
but here's teh thing.
I'm not arguing the guys who hate UBQU are wrong. GPL wants to dilute.
what I'm arguing is that retailers aren't going to buy UBQU to get rug pulled, and GPL knows it.
therefore, I put myself in GPL'S head. can't dump to 000001 and they just wanna get cash, for their ill purposes.
SO, If I was GPL and corrupt, I'd want a RS.
so I'd have my puppet ballas apply. again, and again.
but lo and behold we hear nothing.
why? my belief is because there's so much effery (oops I edited this back to the PG rated word this is a public message lol.) on UBQU's share structure, screwing GPL corrupt or not, that if it DID R/S say 1000 to 1 so our float was a paltry 2.9 million shares, and then maybe smart retailers out of the play who agree with me BUY IN?
that's no good for wall street. who owns the SEC. so that's why I believe R/S is denied.
YOur name is new so I'm unsure if you are a long time listener of my long posts.
indeed, UBQU ain't gonna go dollar, it ain't gonna go even 10 cents.
but I do believe that GPL wants to dilute again. and retailers are not the target.
so it could go to trip 4, or even 0010 like it has done many times in the past. and for those who have an average at 0001, well those are pretty big gains.
and if they really lose control. yeah, we saw some POS garbage pennies go from trips to 2.8 cents and one crazy one went to 9.70
and UBQU WILL return to nobid again barring any change from the present bear market.
so you are correct, the R/S wouldn't be good long term, but I haven't said UBQU is a long term hold in years.
GLTY my friend. yes UBQU is a trap for anybody with an average over trip 1, I would agree. but for sure GPL wants to keep it trading. for whatever reason.
