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Re: ZipCash post# 275908

Thursday, 01/02/2014 10:10:59 AM

Thursday, January 02, 2014 10:10:59 AM

Post# of 375420
Let me give you a hint what will happen, since it's happened MANY times before:

Those who loaded the .0001's will try to go free shares at .0002. For that to happen, it will take over $30k of ask slapping with NO new shares being put into retail hands.

That will never happen, because those with the discounted shares will cut in line, and will also bid whack.

After a few days of waiting to unload, those waiting in line on the ask will begin bid whacking, and the bid of .0001 will be taken out in one fell swoop, and then there'll be 300M sitting on the ask at .0001 just wanting to get out with what they put in.

It won't happen, and they'll join the long list of bagholders. Welcome to QASP.


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y