Stockjock, what was the highest this stock ever traded in relation to current outstanding shares? Is there any chance of me getting my investment back in a best case scenario in the future? I would need a S/P of $45-$50
My opinion is they have dumped all or most of the shares they needed to. I have the last two days atm dump at 12mil shares dumped at approx $5.50
I thought today's trading was different then the last two weeks. We got a nice upward pop on very good volume. I doubled up at the close. Now with 8000 shares @ $4.51
The company has announced that they're planning on crapping on the stock. Therefore there are very few new buyers, and only a small amount of the volume is the CEO's buddy (Kalani) dumping stock. Much of the selling is from people smart enough to short, or intelligent enough to have a stop loss.