its nothing, 24 million shares. even if they dumped them tomorrow all at once the volume would be enough to cover them it would just push into the .008c range and only for a little while. in perspective we traded 13 million shares today and it was super slow going. the cleansing statements also come at the end of the trading day. so they've already had them for an entire day, which is why i'd assume we hare at 9-10, and not 10-11 anymore. they are clearly only interested in dumping into the 1c line.
this actually may be a blessing, now that they are converted we can churn them through and get set for the next leg up without overhang. the company gets some cash and we all get blue skies. May have to sit here for the next week as they burn through their stack depending on volume but whats a week between friends
Add to My Watchlist
What is My Watchlist?
