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beachhyena

03/26/24 9:29 AM

#681265 RE: CaptainObvious #681257

I believe 1.2 is the end of the free shares that many shorts have been relying on to cover as it represents the final number where toxic financing ended. After 1.2 any issued shares will not be sold into the market by toxic financiers and will be held by stronger allied longs. This is just an opinion but I believe we see an increase in FTD’s once this number is reached and any increase in volume will force a very quick uptick in price. I am sure that shorts/MM’s have been loading up on cheap shares to maintain suppression but this will soon be depleted on any sustained buying. As BSB has always maintained, we just need one whale who wants to buy on the open market and this is all over. There is an ever shrinking timeline and at some point the rats will start to jump overboard as there ship full of holes sinks further and further below the waves. IMO