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jbbb

07/11/17 9:59 AM

#35609 RE: ahall #35608

It's very nice to hear that something I have experienced has happened to another person. Your right, in order to immediately get rid of some holdings the seller will drop the price. Maybe now some of our expert posters can put this in their files. Thank you!!!
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I_Am_Ram

07/11/17 3:45 PM

#35622 RE: ahall #35608

For that to have happened here, Carter would have had to dump some of his shares for basically nothing.

Logically it doesn't make sense unless he's purposely trying to lose money and then it would make sense. He got all those shares in exchange for basically funding these trials. So he would have been dumping money into the company while selling millions of shares for $100?

If anyone else can give me a logical answer as to why that would make sense then go ahead.

Otherwise it's safe to assume the shares traded at that level here were executed by MM's exclusively. MM's don't give away money as some posters here are trying to indicate. Let the MM's do their thing. They'll always bring it back eod as we saw today. They've established the value here at 0.004-0.006 until there are further updates.