Replies to post #19505 on ScripsAmerica Inc. (SCRCQ)

[coolerheadsprevail]

Clearly someone is intent on driving this down. Trying to scare some additional shares or is it the pipe holders selling?

At these low price levels, who would be selling? Everyone except those holding 0.00 and 0.05 shares (along with the small number of shareholders lucky enough to grab the few shares that traded between .085-.095) are all underwater waiting for the sp to go up before they can even break even, let alone sell for a profit (unless they've de-risked, of course, but from what I gather, these folks are in the minority).

Not to say that there isn't a fatigued long here or there throwing in the towel, but what counters this theory is the fact that the price action for the months since the P&D a couple months ago in JUL reflects a consistent behavioral pattern almost each and every day, which I have described in my prior posts (i.e. undercutting of the ask followed by bid-hitting), and a consistent 100k-300k daily volume. This price action is a likely indicator of planned, controlled, systematic liquidation by those who seem non-chalant about driving the sp down so long as it stays above .085. And why is .085 such an interesting number? Because it is the price point that translates to a 70% gain for those holding the .05 PIPE shares. For a 6-month lockup restriction, this is a healthy 140% annualized return on investment. Anything above .10 is a bonus as it represents a double+ (i.e. 200%+ annualized return). And the .125 the sp recently hit? That represents a 250% return (500% annualized). See the motivation to sell? But sell in controlled quantities so as to ensure that the sp stays above .085 and that it never reaches levels that would result in "competition" from other sellers (i.e. keep it low enough so other retail investors are still underwater and will likely still hold and not sell until the sp at least hits the .15-.20 range).

As I've been saying, 25M shares is a boatload to move. There is physically no way they can move these shares w/o nuking the sp. The ONLY path for thse CORE PIPE-holders is to liquidate in tranches day by day, week by week, with extra dumping on PR days and amy other catalysts that can generate liquidity.