“THE PRICE OF THE STOCK FALLS WHEN FLOAT IS INCREASED...
- Wrong.
HMMM, I WONDER WHY THE PRICE DECLINES WHEN THE FLOAT INCREASES??? “
- It doesn’t.
Even your own examples show both those quotes are 100% false.
Your float increase example dates go back to 2019. So why does your share price example only go back to February 2021 at the .95 high?
Why? Because it’s cherry picking a manipulated statistic that is not accurate. The share price timeframe has to match the float timeframe to accurately determine if the share price went up or down while the float increased.
The only accurate way to compare the float increase is to compare it to the full timeframe of the enzc share price. That doesn’t magically begin at the high in February 2021.
The absolute undeniable fact is as the float grew, the share price did as well.
And I’ve proven that over and over and over.
- The merger announcement took place in September 2020.
- The share price in September 2020 was low to mid trips. .0004
- The share price NOW is .082 cents.
No one can therefore argue that the increasing float led to a declining share price. Bc it simply is not true.
.0004 to .082 cents is obviously a rising share price. Many thousands of %.
Nothing can be said to the contrary.
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