Posted On: 03/31/2014 5:08:25 PM
Post# of 56323
Re: Westcoastbio #10325
I've long thought that this sideways trading the past 6 weeks was the hedge funds way of making Bill pay for making them buy shares on the open market....
They beat the crap out of it and accumulate millions of shares every day and the MM's are only too happy to help them do it.
I am glad Bill has 5000/1 voting rights on the board... because I would not be surprised by now that they probably have a few 100 million shares...
Say they have accumulated 200 mill shares.... 200,000,000 shares @ an average of .08 is only $16 Million.... easy for them to justify investing that kind of money here, now that they see it is for real...
When they finally let it go they will make a fortune... when it hits $1 pps, their $16 Million is now worth $200 MIllion bucks.... $3, it's worth over 1/2 Billion...
They beat the crap out of it and accumulate millions of shares every day and the MM's are only too happy to help them do it.
I am glad Bill has 5000/1 voting rights on the board... because I would not be surprised by now that they probably have a few 100 million shares...
Say they have accumulated 200 mill shares.... 200,000,000 shares @ an average of .08 is only $16 Million.... easy for them to justify investing that kind of money here, now that they see it is for real...
When they finally let it go they will make a fortune... when it hits $1 pps, their $16 Million is now worth $200 MIllion bucks.... $3, it's worth over 1/2 Billion...
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