Wasn't expecting it to drop this low this quick.
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(Total Views: 231)
Posted On: 04/10/2017 10:09:39 AM
Wasn't expecting it to drop this low this quick. Figured we would see .70 this week if no 10k but not monday in the first half hour. I've come to terms that if it goes to 0 I'll still be holding. At this point even though I can't bare to look at my accounts because of how much is gone, I know what I own and believe it will come back. If it doesn't then it's been the most costly education I've had. Maybe combined. And here I am looking at the prices asking myself how I can get another 5k to invest because it's absorb that we are trading this low with a product launching to market in months.
My Speculation: MMs are buying shares from even strong hands who have weaken'd for a reason. They wouldn't push it down this far unless they were in accumulation mode because someone or some company wants the shares. Frankly OWCP could be JV'ing and this is how they are building up the share without dilution at a low cost. The moment that it's announced OWCP price will sky rocket and then upon the transfer of share they will buy buy more shares back then they need take them off the market, and transfer a given dollar amount of the shares.
Anyone have any thoughts on this? Has anyone seen this before and what were the results.
My Speculation: MMs are buying shares from even strong hands who have weaken'd for a reason. They wouldn't push it down this far unless they were in accumulation mode because someone or some company wants the shares. Frankly OWCP could be JV'ing and this is how they are building up the share without dilution at a low cost. The moment that it's announced OWCP price will sky rocket and then upon the transfer of share they will buy buy more shares back then they need take them off the market, and transfer a given dollar amount of the shares.
Anyone have any thoughts on this? Has anyone seen this before and what were the results.
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