Well spoken Pomak if we own as much of the float a
Post# of 1609
Well spoken Pomak if we own as much of the float as I think we can control the price movement when everyone rushes in to buy. If we don't sell and you see the size on the ask less then 1,000,000 then you know for certain all the shares the company has sold ARE NOT IN THE FLOAT. What that will mean is, as the demand comes in for those that want to buy shares there will be few available. So they will have to keep buying at a higher price. We bought up a lot of the float of a company BCCI back in early 2012 after a R/S from a company that changed its name. Then when big news came out 4 months lateer we were not selling. Price went from .01 to .83 in less about 3 weeks. It was an incredible run. I got out at .55-.75, selling very small blocks on the ask. Never put more the 200,000 shares for sell. It was one of my biggest short term plays ever.
We are going to know just how this will play out once it breaks over .004. By then a lot of flippers will already of sold out and then we will have bigger moves up if we keep having small ask share numbers. We will be in the drivers seat. I'm going to enjoy that ride. Now go back and read my sticky post on top of the page and remember this as we start to move.
Take care my friends,
Mike