Wow easy. So there is no dilution. Since I received 4 replies to my post perhaps folks should go way back a few hours to where I actually outlined what you said as a particular scenario while the market was open:
So if it wasn't dilution by the company it had to be and institutional investor or someone registered who owned 5% or more of the companies shares selling... which is what you are suggesting. Sounds good to me, glad to hear that's what happened.
The OBV on the chart doesn't lie. That's where I made my assertion and nobody can argue that 99% of the time when a penny stocks OBV tails off like ours did today, dilution is the culprit. Most folks, myself included, neither know any registered investors personally, nor any members of the board so a calculated inference is the best we can do.
Certainly did not intent to spread fear on this board.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.