In conversations last night, one investor told me
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In conversations last night, one investor told me that he still believes he will be able to get shares under a penny.
I don't believe that. I believe BLTA's sub-penny days are over. I hope he is wrong - not that it really matters right now (I am keeping my focus on what BLTA will be worth towards the end of this year) - it is just that seeing it go sub penny is still kind of depressing.
Expect volume to stay in the millions - and intensify, IMHO.
He also said he thought he had picked up about 100 million shares on the open market already, but frankly I believe that has to be an exaggeration.
I just don't see that number going from 30 to 100 in just about 10 trading days.
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