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imiloa

09/20/23 10:51 AM

#108101 RE: timetomakemoney #108100

ttmm, agreed the 5-digit prices are likely dealer trades,
as we retail folks typically can only set 4-digit pricing.

but, honestly, my thought is the dumping is pink flippers
who expected a summer run on pink return, conf call, etc...
and have lost patience and/or are nervous,
dumping to gamble their money elsewhere.

as ever, i'm still viewing this as a 2024 ticker
on the notion that the potential run to pennies
won't come until mark can promo
some production stills from _wish_.

after a decade on a dusty gray shelf,
i have no problem waiting another 6-18 months for a payoff here.
but, obviously, the holding timeline of most penny flippers
is measured in days, if not hours.

given the dumpage this week,
seems likely it could go lower still.

i have plenty already,
but might add more if we see 0003 again.
and would most likely add some in 0001-0002.
for now, just standing pat.
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TenKay

09/20/23 11:18 AM

#108107 RE: timetomakemoney #108100

LOL…MM’s don’t give a shit about some trip zero low volume dormant business.

What we are seeing is someone has started selling into the bid. And in some cases they are block sales.