I did sell what I acquired over 15 months on the run up to .22. I already told you that. The company did not sell shares into this run. I sold into the run that you bought into. What's so hard to figure out? Yes, they increased the O/S about a week ago to bring the count to approximately 15.25 million total, there is no dispute about this. And there is no dispute that I am buying shares now at .10-.11, and I will continue to do so. I understand the trading pattern here, and the patience that you need on a stock this thin. I don't mind waiting for the next leg up. It will make me a lot of profit again!
And I never said anything about the MMs shorting during this run, so you can keep your bridge. I never even brought up this issue. If anyone was responsible for it not going higher last run, it was me. Prior to the last run, FTER had never even broken 800,000 volume in a single day, much less 6 million in 3 days. And even that 800,000 on the prior run from .04-.08.8, was then it's record volume, it was unprecedented at the time. One had to squeeze shares from the MMs when it was subpenny, and take what fill they gave you. I saw many days of zero volume, or days when I was the ONLY volume! If there was a significant short position, it was during those days that I was acquiring for under .01, actually closer to .006. Where did you dredge that up? The volume during that 3 day spree was approximately 6 million shares. That's quite significant from where it started, and it put them on more people's radar. It didn't just drop to .10 either overnite, actually it lingered around .12-.15 for a few days I believe, which was still over 100% greater than the shareprice from a week prior, and 40 % higher than their previous highs. And the stock will always exhibit that tendancy during runs, because of the small share structure. Yet it leaves a higher floor each time. When it is ready for it's next major run, it will be even greater still, and will drop back as well, but it will still valuate and leave an increase in the PPS afterwards.
The company provided provisions when it purchased a Better Tommorrow, meant to protect their own investment that management laid out, since they didn't go the fundraising route in it's purchase. If they were looking to dilute their own investment, they could have taken the dividend option of 5 million shares on their series C convertibles at .04/share. They didn't. They didn't dilute the measly 1.6 million shares at .04, and they didn't sell into the last run either. They did it after the stock price settled, after the shareprice doubled to where it currently sits. That sounds like responsible management to me. And there was no overkill either, in fact, 1.6 million is a paltry figure, as well as the 15.25 million O/S that currently exists. If anything, it was responsible, accordingly and inline to the growth dynamics laid out in their corporate strategy. You seem to be missing out on the bigger picture, which is understandable, since you seem to want 1000% returns in days, rather than a more suitable time frame necesary with Forterus. Volume is sporadic at best now, since the market offers other choices more immediate to some. We all like to jump into investments when the iron is hot, so I understand your sentiments. However that is not how I profitted on Fter. I had to bide my time.
There were 2 other miniruns prior to the last one, that saw the shareprice jump from .04 to .08, and settle back to .04. There were new profit takers jumping in and out. In fact on one run to .09, someone put in a large market sell that ran the price down from .088 to .016 in literally a blink of an eye. I was lucky to pull 80,000 shares at .04 seconds later, which was at the very end of the session, promptly put them up for .06, and sold them all within a few hours the next session. Still there is no unlimited volume pool to pick it back up overnite, no matter how undervalued the stock is. That's just simply the dynamics at play, based on the limited DD most momentum players need and employ for short term gains.
Lastly, if you grasp where the company is going, from purely a business point of view, you will see that the interest in Forterus is still rapidly increasing. It reached the level it is at, and as the evidence suggests, that has been quite a jump from a year ago. As the company continues to progress, it will attract new interest. However, the most beneficial interest it attracts, over the long run, is the one of the pure investor, not the momentum players that jump on each new schtick. I think it's done quite well for such a young company, and you are well aware I'm sure, that there is no fairness involved in shareprice, nor volume on the pink sheets. I didn't think that BRYN was worth $1/share, I know that it isn't even worth the .12 it trades at today. Yet these companies tend to rely on a large degree of mass marketing, usually misleading, and so does anyone, as a trader of issues like these. The bigger issue I believe you have with FTER is trust of management, and perhaps I perceive your fear that they will become irresponsible towards their own investment in the company , since the insiders are the major shareholders, as well as the owners of the series C convertibles. There was no 2 million mysterious shares that appeared from these convertibles, if that is what you were saying(because your semantics here are quite confusing), that is ridiculous and unfounded, but there is no dispute that the company has offered a little over 1.6 million shares for sale just recently, and post run at that. We reported that responsibly on our board, management addressed this to shareholders, and while the shorttimers may grimace, those of us that understand the company know that it was responsible, appropriate, and will lead to even greater growth.
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