I have never believed that anyone is deliberately
Post# of 41413
Posted On: 07/30/2014 3:53:26 PM
I have never believed that anyone is deliberately holding the price down, that seems idiotic to me....it's more likely the case that, as a mere result of selling by some PP holder whose restriction just got lifted, the price struggles to move for a period of time while they're unloading their shares. So I'd call it "indirect suppression" of the price, rather than deliberate bid-selling.
If any of the whales wanted the price down, they'd be able to take massive profits off the table while beating this to .01 in a day or two. But what's the point? Baltia's offering PP at .01/share, the second you give them the check, you've made 150% of your investment. All you have to do is wait for 6 months.
If any of the whales wanted the price down, they'd be able to take massive profits off the table while beating this to .01 in a day or two. But what's the point? Baltia's offering PP at .01/share, the second you give them the check, you've made 150% of your investment. All you have to do is wait for 6 months.
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