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Grande Drip

07/13/19 11:01 AM

#19371 RE: Farmboynate #19370

While I do not like having money tied up for this long I still think there is some upside from this level, if we were to get a decent update. My issue is that we have no idea what we’re waiting on exactly or how long we’ll have to wait. If they were to stop printing shares now we would be okay, but who knows if they’re going to blow through the other 3b shares they have access to.
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Grande Drip

07/13/19 11:58 AM

#19372 RE: Farmboynate #19370

One thing that keeps nagging me about all of those large blocks we see being traded is that it’s pretty obvious that the majority of those shares are not going into retail trader’s hands, so where are they going? Whoever has them surely is going to do something with them at some point. The only reason I can think of why they wouldn’t would be if they were short, but there’s no indication of major shorting going on here. So, that’s one reason why I still think there’s more going on here. Plus, even if they’re diluting to pay off debt, why would they do that unless there was a greater plan for QSIM?