We have been saying this quarter after quarter aft
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Posted On: 05/07/2018 9:39:30 PM
We have been saying this quarter after quarter after quarter for years. Every quarter we find out that Aspire sales were a significant portion of the daily volume in the subsequent filings. We should be getting the Q1 10Q in the next couple weeks so we'll get a peak at how much we have sold to Aspire. I suspect our use of Aspire has not tapered as much as some want to believe.
I've also been hearing the shorts are in the hurt locker since $2.50. The stock is at $0.38. Any shares shorted prior to 2018 have 50%+ profits attached to them. We have sold tens of millions of shares into the market that would allow any shorts to cover over the past few years.
We'll see what the Q1 Aspire numbers look like shortly. From Sept to Dec 31 we sold Aspire 6.6M shares or about 1.6M shares per month. We also got a glimpse at Jan 1-Feb7 which was 900K or about 720K/month. I believe the company was trying to illustrate that fund raising had notably decreased after crossing into the new year. That is still 36000/shares per trading day. In the three months since then, the stock price has dropped almost 50%. Volume has also been pretty high the last leg of the drop (past 5 weeks).
My wild speculation is that we will see greater than 720K shares/month sold to Aspire on the Q1 and Q2 10Qs.
I've also been hearing the shorts are in the hurt locker since $2.50. The stock is at $0.38. Any shares shorted prior to 2018 have 50%+ profits attached to them. We have sold tens of millions of shares into the market that would allow any shorts to cover over the past few years.
We'll see what the Q1 Aspire numbers look like shortly. From Sept to Dec 31 we sold Aspire 6.6M shares or about 1.6M shares per month. We also got a glimpse at Jan 1-Feb7 which was 900K or about 720K/month. I believe the company was trying to illustrate that fund raising had notably decreased after crossing into the new year. That is still 36000/shares per trading day. In the three months since then, the stock price has dropped almost 50%. Volume has also been pretty high the last leg of the drop (past 5 weeks).
My wild speculation is that we will see greater than 720K shares/month sold to Aspire on the Q1 and Q2 10Qs.
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PhtevenC banned 3/25/2018.
R. Hamshire banned 5/7/2018.
All posts my opinion and speculation.
IPIX Faithful. Not Scottsmith. Should have listened to Scottsmith.
Let fly the black flag of Carolina! A health to IPIX!
R. Hamshire banned 5/7/2018.
All posts my opinion and speculation.
IPIX Faithful. Not Scottsmith. Should have listened to Scottsmith.
Let fly the black flag of Carolina! A health to IPIX!
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