"Typical" OTC traders will NOT hold a ticker for 3 months, much less 3 years.
Guess that means that most shares in the public float are being held by "atypical" OTC players and/or those with lots of patience.
My guess is that a good chunk of the public float is being held by folks on this board. Maybe 20-30M?? There are also probably a few non-iHubbers and non-posters patiently holding some MVNT shares. Maybe also some friends of family members that know about this company more than the general public. How many shares might those types of folks be holding??
Like you have said before, MVNT trades like it has only 30-60M shares in the float, and maybe even less by now.
If anyone decides they want to hold a significant number of new shares, how could that be accomplished without slapping the ask and increasing the ask price significantly? Maybe by the way it is trading recently?
But then just think what might happen if a whole bunch of OTC traders decided all at once to start buying? Say when some "material" news is announced. That thought should make everyone on this board salivate, even FMDK. -lol
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