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Re: gorbec1 post# 212646

Tuesday, 08/06/2024 7:08:35 PM

Tuesday, August 06, 2024 7:08:35 PM

Post# of 212696
I think it was closer to 13 million that they did a market order or crazy low limit order? But it could have been someone or a firm that was just liquidating an account. If it were someone angry or making a statement dumping that size block into no bids??? Print the brokerage statement, roll it up, light it on fire, shove it somewhere uncomfortable, and jump off the bridge? It would cost 10 to 30 times what they sold it for to buy back in now. Hopefully, it was just an account being liquidated. People do pass away with lots of OTC tickers in an account and they just get liquidated as part of the estate being distributed. I was in a situation like that with Verizon stock last year. We just told them to sell it and split the proceeds.

Whoever bought them at .0002 would have over 7 figures at a dime. Would that not be one lucky low bid they scored on if something like that happens? Talking 6 figures at a penny? One hell of a payday catching a bid dump and days before the kinda news that came out today? Forget about the seller, who was the lucky buyer? Congrats to them.