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100lbStriper

07/20/20 10:35 AM

#30493 RE: amc #30490

they are and they have. if they did all the buying you and i wouldn't be able to purchase anything.

Venture_Cap

07/20/20 10:37 AM

#30494 RE: amc #30490

They don’t buy until the deal is closed. They can’t apply proper valuation until the merger details are disclosed. Based on current valuation and SS I’d say $7PPS is fair value.

Dr PennyStock

07/20/20 10:49 AM

#30499 RE: amc #30490

So almost $6,000,000.00 traded a few days ago is not deeper pockets?

Because someone sold those 95M shares when it dropped, but, someone bought them, right?

Do you see many penny stocks trading at .05 trading $6M in one day?

doogdilinger

07/20/20 11:18 AM

#30510 RE: amc #30490

I guess you've somehow missed the gargantuan ask slaps that have already occurred here over the past 5 weeks already amc!

Trust me on this, as joe retail simply doesn't buy over 100 thousand dollars worth of any penny stock all in 1 shot off the ask period!