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Andiamo Corp ANDI
(Total Views: 208)
Posted On: 08/03/2018 11:44:35 AM
Post# of 29251
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Posted By: Mandolinpickin
Re: ALBY12713 #11996
The entire purpose for locking those shares at a high price is to prevent shorters from borrowing them. It is not intended for selling the shares at that price, but it also secures them at that price should it rise suddenly.

Large blocks of millions of shares can definitely slow down growth, as seen on COHO recently. That said, once those shares are chewed through, the price rises, as seen on COHO recently.

Also per your other question:
https://www.investopedia.com/ask/answers/1003...ccount.asp













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