So insiders recently issuing themselves 1 billion shares is old news?... What about when they start unloading them?
Whomever is accumulating on the open market is not very savvy. They cant buy faster than shares are being issued... It's a losing battle.
If they were smart they would wave some $$$ in front of PQs face and tell him they want a block of stock at a nice discount. The company is obviously desperate for cash so they would make it work and both parties would be happy.
Remember when the millionaire PP was buying in the pennies and the same claim wet being made?... How about when AS (another millionaire) was buying in the pennies?... Just because PQ found some new suckers does not mean they will be able to move this. The more shares being issued, the faster the market cap climbs with each tick and SFMI isn't worth more much more the way it sits. This is why the long term downtrend has been so consistent for years.
Heck, just sitting here at the all time lows the market cap is rapidly increasing, because shares are being issued and liquidated at a record pace.
Think about it, the insiders, consultants, financiers and promoters are selling massive amounts as fast as the market will absorb and a bunch of outsiders from Canada are buying... Hmmm, who do think is wiser? The people that know everything about the inner workings of SFMI or the ones that know nothing?
My postings contain many opinions. So please do your own research
and validation.
