InvestorsHub Logo

IPwatcher

06/25/21 8:30 PM

#95605 RE: Johnny_C #95604

Traded a slot machine type of day, triple 7's

9 247,259 $ 0.003141 $ 777


I wonder where all the buyers scooping up the cheap shares went? 9 trades, $777 buckaroos traded.



Here is my theory:
I am a scientist ( I know about diagnostics, so can state with confidence that Genviro is a POS) , not a share trader - so when it comes to financial legal matters (outwith IP) I am on self confessed thin ice. So feel free to ridicule this postulation:

There are existing trades /positions prior to the freeze being exercised... that punters forgot about.
When the price drops low enough, those trades still exercise.
Hence the fact that there are any trades at all.
Sellers bailing, picking up speculative positions that were parkes at 1% value months ago.

Just an idea!