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Posted On: 06/09/2017 4:15:29 PM
Post# of 15187
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Re: Goodspeed65 #12527
I would envision a scenario like this.....
gap up on open-day one( .01 opening, then reaching .02 by 10 am. Then the shake out back to .01. They will hold it for a majority of the day to get
long term holders to take profit. Then at 3.20 they will raise it back near
.02 on 600 million shares. The next day, they will grind it slowly to .025
It will stay that way for two days, so they can redistribute shares-from
long termers left to one day flippers to get out. Then on the fifth day, presumable a Friday, they will push it up, late in trading. By then, the float should have churned through about
70 percent of the A/S, with big money soaking it all up. Once that has happened and big money/hedgies are in between .01-.025/.03, they will then let her fly end of the 5th day of
trading and into the 6th.(presumable monday) the following week should be
a dandy, as those that sold low, watch it break .10 and then test .15
JMHO,
TS
gap up on open-day one( .01 opening, then reaching .02 by 10 am. Then the shake out back to .01. They will hold it for a majority of the day to get
long term holders to take profit. Then at 3.20 they will raise it back near
.02 on 600 million shares. The next day, they will grind it slowly to .025
It will stay that way for two days, so they can redistribute shares-from
long termers left to one day flippers to get out. Then on the fifth day, presumable a Friday, they will push it up, late in trading. By then, the float should have churned through about
70 percent of the A/S, with big money soaking it all up. Once that has happened and big money/hedgies are in between .01-.025/.03, they will then let her fly end of the 5th day of
trading and into the 6th.(presumable monday) the following week should be
a dandy, as those that sold low, watch it break .10 and then test .15
JMHO,
TS
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