And guess what? The "toxic" lenders, as you incorrectly term them - can be out of their shares in one single session.
If they are the ones that have been keeping the share price from escalating, then they will be out on the very next day where we trade in excess of 200 million shares.
That will be on monday.
Then MULN is free to run up exponentially ahead of the name of the Fortune 500 company being announced.
I don't think you realize the gravity of what's about to happen.
"Since the toxic lenders have sold 153 mil shares in the last 4 weeks, I estimate it will take an additional 17 days to be done with all the selling coming from the Offering."
Naaa..it can take ONE day
You seem to be forgetting the number of shares we have been trading on a daily basis. Any of these holders coming to Market have the liquidity to be able to do so without affecting the share price
And do you really think they want to liquidate their Holdings way down here ahead of a catalyst that could send the shares parabolic? Would you want to sell way down here? They would have to be complete idiots
I personally really appreciate the amount of time and effort you put into telling us that just shy of 85 million shares is all that is left until we MOON thru $4, $5, $6/share.
Hi QTRADER, there was 7 billion shares traded in March, 153 million is 2.5% of the shares traded. There is no logic to your argument. MULN was up over 200% in March. I think that trend will continue. May God bless my friend.
Wait what? Math is not your friend. What you are saying would be akin to me using the communicative and associative properties for Mathematics in Nature. When really Mathematics in Nature is about mathematical patterns found in nature, such as tessellations and the Fibonacci sequence.