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Posted On: 08/27/2021 11:18:21 AM
Post# of 36542
What we are seeing is “Day Trader Roulette”. A little over 2 million shares traded from Aug 19 – 25 under .20 pps. Now the Ask is at .22. That is a .02/.04 or ~10-20% profit. $37,000 - $74,000 on a $370,000 risk. The question is, how many traders are involved?
When the news is finally announced (positive thought), it needs to be done is such a way that it gets the attention of the ordinary investor. “Look at me GNBT/NGIO. This is not your blasé pharma. We have NEW technology!” The current 120M shares are tightly held. Given the right news, the demand will exceed the supply.
When the news is finally announced (positive thought), it needs to be done is such a way that it gets the attention of the ordinary investor. “Look at me GNBT/NGIO. This is not your blasé pharma. We have NEW technology!” The current 120M shares are tightly held. Given the right news, the demand will exceed the supply.
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