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Posted On: 07/22/2017 7:26:49 PM
Post# of 1514
The news had over a month to get around as was intended. The stock reached its crescendo Friday and predictably was used as a day trader's vehicle to take profit on the backs of the New Investors that day with 30 M shares of their New money. They went from .0068 to .0056- a disappointing trading pattern.
There has been no massive move upward to .015 as the cheerleaders were predicting- they put on their best face afterward, but it is still disappointing how the trading pattern of the stock has shaped up in these news situations.
The good news is this will change when the toxic debt-for-preferred shares is announced in conjunction with 3rd quarter earnings.
There has been no massive move upward to .015 as the cheerleaders were predicting- they put on their best face afterward, but it is still disappointing how the trading pattern of the stock has shaped up in these news situations.
The good news is this will change when the toxic debt-for-preferred shares is announced in conjunction with 3rd quarter earnings.
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