Catpole. I just knew they would do that and I'm se
Post# of 1674
One day they will do one flip too many and - having sold the cheap shares that could have been their lotto for the eventual run to .01 and above - they won't be able to get as many share as they had or perhaps will not be willing to pay the required price to get in at all..
They might even get in at a particular level and find it goes down for a period of weeks whilst some dilution goes through and they'll have nothing to flip either.
They obviously weren't paying attention to how quickly it moved up originally and the relatively low volume required.
To clear the .0002s: 100M
To clear the .0003s: 142M
To clear the .0004s: 69M
To clear the .0005s: 12M.
To clear the .0006s: 99M
To clear the .0007s: 25M to first uptick to .0008
The 6B o/s is irrelevant if nobody who bought the cheap dilution period shares is willing to part with most of them in the .000xs or .001xs.
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A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.