yes 10% selling on anyday can kill a rally let alo
Post# of 3333
(Total Views: 972)
Posted On: 04/27/2017 8:05:18 PM
Re: Trappist-1 #2622
yes 10% selling on anyday can kill a rally let alone
the hundreds of days they will be allowed to do it
to exhaust the 482M shares.
Bottomline ICNB has to overcome it with
stellar fundamentals and turning profitable
which is still probably 6 months to a yr away.
meanwhile the mkt cap is about $15M now
fully diluted and it will take most all 2017
for Bellissima sales to catch up to $15M annual
run rate.
the hundreds of days they will be allowed to do it
to exhaust the 482M shares.
Bottomline ICNB has to overcome it with
stellar fundamentals and turning profitable
which is still probably 6 months to a yr away.
meanwhile the mkt cap is about $15M now
fully diluted and it will take most all 2017
for Bellissima sales to catch up to $15M annual
run rate.
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