This post was removed by ADMIN as off-topic, but I
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I would imagine that selling BLTA shares now could be for a few reasons:
1. Perhaps an investor needs to raise $ to pay for some urgently necessary bills....like electrical bills (to prevent getting their service cut off), or a mortgage payment to help stall foreclosure, or to make a car payment to prevent a repossession by the bank, or even a divorce decree (ie., maybe the spouse wants a share of the couple's BLTA value....in cash!).
2. Could be market manipulation....sell off a few million shares at ridiculously low pps, scare a multitude of investors to panic and follow suit, selling those shares at very low levels.....and later pick up tens of millions of shares at the new lower pps.
3. Maybe even an investor is looking to take a loss in order to offset a gain somewhere else....to offset the tax consequence...and BLTA right now might serve as a good source.
Although I believe all 3 may have occurred at some time, reason #2 seems by far to be the most likely going on at this time.
Fortunately.....on passing the mini-evacuation.....#2 will certainly come to a screeching hault.....finally.....and for good........
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