Replies to post #139457 on NSAV Holding Inc (NSAV)

[shotsky]

I'm not sure I would give Jake all that much credit for 'dumping shares'. None of us know if he's selling at all.
The float is:
4,572,373,568
He has/had: 56M
I have 160M.
That leaves 4,356,373,568 shares in everyone else's hands. I don't think dumping 56 M shares would have that much of an impact on share price, but I DO think there are some whales out there that might have a lot of shares for sale at a limit around $.03. That would hold the price down until the market consumes ALL of those shares. Imagine if I were to set 110M shares up to sell at a limit of $.03...how long would it take the market to consume those? So, the thing to remember is that the whales have control. They ALWAYS do, because they can simply hold a company at a price. Not only that, but there are also teams of shareholders. Some are buyers and accumulate during dips. A whale might have buys at $.025 and sells at .03. That can hold the price in that range for a long time. And, they can make a ton of money doing it.