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myxlplix

01/15/21 6:25 PM

#50878 RE: XJINVESTOR #50877

Some might blame it on dilutio0o0o0on and lying CEOs! SCAM ALERT!!!!

PokerStar

01/16/21 11:48 AM

#50927 RE: XJINVESTOR #50877

This needed to cool off for sure as the chart was overheated after the huge 1 day gain and the following day initial run to the high .07 area. On the bright side, this was taken down to this level due to profit taking. If there was any dilution it would have been easily absorbed by the well over 2 billion shares traded in the last few days. If they diluted to the max of the O/S, that would have been 200 million shares, and due to the fact that they've only needed to sell 50 million shares or so in the last year, I'd find it hard to believe they sold many into the run, but if they needed to, it was good timing to sell them into the run. On top of that, we are sitting right at Clay's area of support of .02, so I'm expecting after a little churning in Tuesday morning, we set sail back to higher ground. We also know just how ridiculously fast this moves with volume and the take down Friday was on low volume. I'd have to say of the 700 million shares available for trade, a good majority of those shares are being held tight for more super green days. When those MMs that are still short, it shouldn't be long before we are back over .03 and start to get traction here again. It's coming folks.... don't wait too long to add or get your shares back. Tuesday should be fun, IMO.



PokerStar