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Knux

03/20/21 9:40 PM

#25447 RE: peterpanwasjusthere #25444

I believe we are seeing the very interesting dynamics of this kind of thing play out right now. I personally believed we saw several big fish enter the playing field in the original runup from .40-.90. and have been here actively trading since.

The signs are there even now. Huge buys are flying in under the radar amidst huge red candles. ~100k ask slaps in final seconds before the bell. New/different types of algorithms coming in. MMs in a seemingly no win situation sometimes.

Maybe all of this is Crawfors and Joe, who just look like investment bankers. There are plenty of billionaire investors out there who could have stumbled upon us instead. Maybe I'm a lunatic who has been watching the books way too long at this point....

But I feel as you do now, that the plot has thickened significantly. I have no idea what to expect because that kind of thing plays out in back rooms, dark pools, and off the exchange all together. Hell, they have even been keeping some of US off the exchange lately.

On top of everything, we're in the pink sheets during a market correction. It's truly the wild west right now. There will be no rules and there will be no scrutiny.
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dh_

03/20/21 11:14 PM

#25448 RE: peterpanwasjusthere #25444

This is an interesting idea you have there - that an investment banker may already be loading it up to some degree. The company says they have not engaged with one yet, and that it expects to in April. But maybe if a relationship was imminent then this would be the time they would start loading, or their clients loading, however that works?

Then gets you thinking maybe any investment bankers they talked to, accepted or not, if maybe they saw something in the company and are interested whether engaged or not?

Now if there was major loading, you would think the price would show it, but the more people that get shook loose the more shares attained at lower prices. Interesting theory, especially if you believe that once the investment banker is set and the push to $2+ might happen in earnest then. Basically, if so, now being the last chance to scare out some loose hands, as to assume once the listing process looks imminent the chance to scare people down to a price anywhere close to this could seem unlikely.

Talking about feeding here, maybe some of this is food for thought. Interesting.
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Mac2014

03/21/21 10:36 PM

#25457 RE: peterpanwasjusthere #25444

Either way, Wall street will eventually want the price to go up. We just have to hold tight and wait it out.