Can we have a little more fun with numbers to sali
Post# of 41413
Let's assume that the r/s is 25 or even 20 to 1 We know that there are 10billion shares out. We assume that the employees whales and all of us account for up to 70% of the float. That leaves 30 percent floating.
If we go with Papas price of .02, and a 25/1 split. That means we are at .50 and 400mill shares. Of that, 125 free trading. I also assume that most of us are not stupid enough to sell for a while any of our positions and I will show you why
The market / day traders will be fighting for those 125 million shares the rest of the year. Supply and demand kicks in. Even with a 100k share holding, a 10 cent jump is 10k in value. What will happen during a run up like this in my opinion is accumulating by a number of investors even negative ones until first flight. That will squeeze the price up to 1-2 dollars. Which is still less than 1 billion MCap. When that dust settles, the institutional buying by ETFs and mutual funds slowly starts. Thus absorbing newly free shares for those who want to buy a new car...
But that would be dumb. By waiting longer and riding the buzz you strangle supply and allow the increase in institutional ownership to jack the is up... so now you see that you are making 30k a week on that 100k position on a 30 cent price increase ...again - why would you sell?
At the end of the day, there will come an flection point where this is truly vertical. You just need the stomach to wait it out