I'd remove any emotions, whether doubt or enthusia
Post# of 178
1a) On the premise that the 8k does come out, and it shows the acquisition of InMed, would it be unreasonable to think that the book value of Toron, or at least the value of Toron at the peak of a run, would not reach .06?
1b) Also on the premise that everything above does happen, including the book value or run value, how would placing shares on the ask at .06 be detrimental if it seemed certain for the stock to reach that price?
2) Next, if one were to short this, and be in need of available shares, would that be good or bad if the shares needed to be covered much lower were not available cheaper than .06? That might not end well for anyone holding such a position.
3) If one were not shorting, but merely trading, ruthlessly, knowing full well the potential of Toron once the 8k shows book value, with a current price of .0079, would that person want a steady supply of shares to slowly load up on below .0079, or at .06 and above (keeping in mind that less shares below .0079 will still have the same number of people competing for them)?
4) X-Factor: Who bought the 48M shares? An individual, entity or team wishing to go long, or an individual, entity or team looking to crush a run, whether at the beginning or the peak? Of course the impact would be temporary, but if people gave up hope and sold on fear during a correction, before it rose back up to book value at new highs, that could mean a lot of cheap shares, a lot more doubt in the air, and a lot more opportunity.