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Re: tiger_trader post# 71345

Tuesday, 05/14/2024 10:13:54 PM

Tuesday, May 14, 2024 10:13:54 PM

Post# of 77572

So when will this run AND continue an upward movement?



When it’s most advantageous to them to let it. We know they want the shares to be an incentive for people to use their platform and they want it to be a way for people to build wealth. It won’t do either at a penny. Or a dollar. Maybe at $10? The RS at 1000:1 would take it there instantly and artificially, but would that make people view the stock as a way to make money? I don’t think so. We also now know that the CEO holds a billion shares. There’s no way in hell he’s going to do a RS at 1000:1 and leave himself with a million shares and a failed concept. No, I think they’ve held this back and accumulated shares for themselves on a level that makes short sellers look like amateurs. I think they want this in the channel it’s occupied for four months until they can get Chinese investors buying. When it goes current, it’ll run to a dollar. Then MAYBE they’ll do a 10:1 RS and start dishing out the shares on their platform. Most of us will be in bourbon and cigars by then. At least that’s how see it playing out. Just a guess though.