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BigE1960

02/21/21 5:01 AM

#98127 RE: Trunk33 #98117

I don't think you would be wrong thinking that there are shareholders, with a low price basis, taking advantage of this moment of improved liquidity, to exercise some profit taking. Strangely enough, there are folks who are satisfied with 3X to 5X gains, LOL!

And while there may be the usual over-the-top optimism, and relief for those who have been in the red for years, there is still risk and plenty of unknown associated with Pasaca's plans. Additionally, if the O/S does go from ~700M to 1,800M, the price will need to correct back to ~$0.06.