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Re: koolmc post# 35587

Monday, 10/30/2023 12:32:19 PM

Monday, October 30, 2023 12:32:19 PM

Post# of 39618
First, in EM one can't see the bid or ask. So to post a stock for sale, one is flying blind on pricing. This can lead to days/weeks to get them sold, depending on volume. And CNNA is low volume. If Swampy is selling several million shares, as he states, when volume is between 20k & 150k, that is going to take several weeks, at best.

Second, the only way you can guarantee you will sell the stock quickly is to market sell rather than limit sell. But, as one is flying blind with price, one has no idea what price they will receive.

So yeah, completely plausible.