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Monday, July 08, 2024 3:04:22 PM
Damn insiders are still selling the week prior to the pre trial meeting.
You would think selling would stop. But they are selling throughout the process. Williams, Barbara and Change sold 2.1M shares last week in a shortened week. They had 3 1/2 trading days to sell.
The one good think is we know they can't sell 8/1 to 8/15. The trial is 8/19. So there will be a 2 weeks period leading up to the trial with no insider selling. That will be a time of great anticipation for the trial. I think we will likely see a nice increase in share price during that period. The normal 3-4 million shares that is sold weekly will not be sold and buyers should be plentiful. This should lead to a nice increase in share price. You can see the price is slowly increasing even with the selling by insiders. If they stop there will not be many shares available to buy. This should increase the price significantly.
I am expecting a run in July to 8/19 to $.025 minimum and likely to $.03 to $.05 a share. Hopefully once the pretrial is completed the company tells insiders that they normal 2 week blackout period will be from 7/9 to the end of the trial. Once information from pretrial is coming to the company the board should be blacked out. Let's see if they agree.
Hope that happens. If they stop July/Aug will be the first major uptrend in the stock since last spring.
You would think selling would stop. But they are selling throughout the process. Williams, Barbara and Change sold 2.1M shares last week in a shortened week. They had 3 1/2 trading days to sell.
The one good think is we know they can't sell 8/1 to 8/15. The trial is 8/19. So there will be a 2 weeks period leading up to the trial with no insider selling. That will be a time of great anticipation for the trial. I think we will likely see a nice increase in share price during that period. The normal 3-4 million shares that is sold weekly will not be sold and buyers should be plentiful. This should lead to a nice increase in share price. You can see the price is slowly increasing even with the selling by insiders. If they stop there will not be many shares available to buy. This should increase the price significantly.
I am expecting a run in July to 8/19 to $.025 minimum and likely to $.03 to $.05 a share. Hopefully once the pretrial is completed the company tells insiders that they normal 2 week blackout period will be from 7/9 to the end of the trial. Once information from pretrial is coming to the company the board should be blacked out. Let's see if they agree.
Hope that happens. If they stop July/Aug will be the first major uptrend in the stock since last spring.
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