what an excellent post! yes sir, highlandmike, that is great insight! when big bucks people buy big amounts of shares and hold them-they are off the table-one day someone bought 7.5 million shares in one shot(yes, somebody sold as well-but not smart to sell down here in my opinion)
Yes.. I do agree that big pocket investors would and will gobble this stock up, as it gets even bigger. It will just cost the company more to buy back shares and reduce the share structure. It will make the price go up, but also as those big pocket investors sell the stock will go down, instead of the company buying and retiring the number of shares never to return to the market. Gooo BBDA!!!! Next week we are over a penny easily IMO. Happy trading longs.... You will be rewarded!!!
I hate to burst your bubble, but institutions don't buy DTCC chilled stock in companies without audited books. Or stocks that have a history of jacking up the number of shares from 5.4B to the equivalent of 2.4 trillion in 3 years, even if they do have their product in <1% of the Walmarts in the world.