Tuesday, November 05, 2013 7:38:38 AM
Low volume days are far more common than high volume days, so this unending, daily selling by the noteholder (long way of putting it, but entirely accurate) always beats the price back down after any gains.
And it has an effect on high volume days as well. The noteholder's third party sold at least 15 mil last Friday; they increase the selling with the volume. IMO, pps would have easily topped .002 without the debt selling.
The company named the problem, acknowledged it, and proposed a plan to deal with it, and that's good; but it's a helluva lot more than an "eyesore," as they put it. "Eyesore" minimizes something that has close to COMPLETE control over OTHM's price action.
Recent RMTG News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/24/2024 03:40:17 PM
CBD Life Sciences Inc. (CBDL) Launches High-Demand Mushroom Gummy Line for Targeted Wellness Needs, Tapping into a Booming $20 Billion Market • CBDL • Oct 31, 2024 8:00 AM
Nerds On Site Announces Q1 Growth and New Initiatives for the Remainder of 2024 • NOSUF • Oct 31, 2024 7:01 AM
Innovation Beverage Group Receives Largest Shipment of its Top-Selling Bitters to Date in the U.S.-Ready to Meet Growing Demand from Expanding Distribution Network • IBG • Oct 30, 2024 12:22 PM
Element79 Gold Corp to Update Investors on the Emerging Growth Conference on October 31, 2024 • ELMGF • Oct 30, 2024 9:08 AM
CBD Life Sciences Inc. (CBDL) Announces Grand View Research Report Findings on High - Growth CBD Equine Market, Aiming to Drive Unprecedented Shareholder Value • CBDL • Oct 29, 2024 10:19 AM
Integrated Ventures Announces Partnership And Lease Agreement with Driptide Wellness - Leading Health and Wellness Provider. • INTV • Oct 29, 2024 8:45 AM