I hear ya Grub, Basic mathematics says that all s
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Posted On: 01/04/2017 9:08:23 PM
I hear ya Grub,
Basic mathematics says that all shares accumulated at these levels, by those who are long and are not tick flippers, can sell 3.33% of their position at .0018 to recover their initial investment. My speculation is most who have skin in this game have millions of shares each. You've got the earliest investors who've been "forced" to average down from decades of decline, and you've got new guys who for $700 can own 1mm+ shares. Cost of entry has gone down so significantly and shares are printed so regurlalry that when it goes up I wouldn't be surprised to see 1billion in volume in a single day. Huge blocks sold on the way up, and if the news/PR/deal is verifiably legit then you'll have buyers sucking up the same shares = unimaginable volume. Good problem to have if you ask me.
Basic mathematics says that all shares accumulated at these levels, by those who are long and are not tick flippers, can sell 3.33% of their position at .0018 to recover their initial investment. My speculation is most who have skin in this game have millions of shares each. You've got the earliest investors who've been "forced" to average down from decades of decline, and you've got new guys who for $700 can own 1mm+ shares. Cost of entry has gone down so significantly and shares are printed so regurlalry that when it goes up I wouldn't be surprised to see 1billion in volume in a single day. Huge blocks sold on the way up, and if the news/PR/deal is verifiably legit then you'll have buyers sucking up the same shares = unimaginable volume. Good problem to have if you ask me.
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