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oregon 1

03/03/21 1:03 PM

#8249 RE: rs99 #8248

Your exactly right.
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camelion

03/03/21 1:05 PM

#8250 RE: rs99 #8248

There is a lot of down pressure in OTC today.
https://www.otcmarkets.com/market-activity/current-market/PS
2136 are declining in pps today in OTC while only 1406 are green.


Still diluting it’s azz off. Going down until they turn the faucet off!
Is it possible to check with TA if that is a fact?





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PennyHoper

03/03/21 2:09 PM

#8252 RE: rs99 #8248

Re diluting, I can't prove it isn't, but I doubt it.

The O/S hasn't changed overly much in a while (5.1B 'held at DTC' according to otcmarkets), so it's only dilution if the company is selling new shares (already existing in the current O/S) that it has held back from the market. Is there reason to believe it is doing that?

Based on 15-minute delayed data, so far today buy volume is 16.1M, sell volume 21.9M, with ?volume 4.8M. That just looks like more short-time investors (=flippers) getting out after recent buy-ins since this hasn't taken off into copper-land yet.

I do, however, think this could keep falling. .0014s are on the BID, and there are only 4.5M of them. .0012s are next.