Replies to post #23339 on GSDT Fintech Group Inc. (GSDT)

[Gran Pop]

dale1953,


If I sold all my shares into the market in one day, the share price would plummett. Probably would lose up tp 1/2 the share price. We just don't have enough potential buyers in the EVRM market each day to absorb that much of a shock. I may be wrong, if the MMs are short, then they would absorb those shares. You can't flood the market and expect the value to hold. Marvin

[dale1953]

louie, I just read Gran Pops answer to you and he is correct.I still dont understand your premise for thinking that 1 holder of many shares is more dangerous for the pps than many holders of those same shares. We know that most of the float is held by posters here on IHub.This means that they are educated in knowing the value of this company which in turn makes for longer term shareholders.If for example Gran Pop sold his shares, not only would the pps go down,but also they might be bought up by people that are just flippers or by those that are not as knowledgeable as we are.Most of the regulars here have confidence that the pps will someday explode,whereas outsiders might not. JMO