Thursday Thoughts... Surprised the D is coming
Post# of 32634
Surprised the D is coming off tomorrow. Thought it would be Tuesday. That will help as 1/2 of new investors don't even know what that is.
Surprised the symbol is changing from FUSZD to VRRB. Maybe they couldn't get VERB on the OTC or changed their mind. Will it change to VERB on the NASDAQ. Don't know, but doesn't matter either way. VRRB is pretty cool.
I posted before the stock won't be moving pennies. It will be moving dimes and dollars. People are still getting used to that. Putting a bid in a fraction of a penny over the current one ain't going to do it for you anymore nor a nickle.
Yes investors have fewer shares now, but they are worth more than 30 times what they were 20 days ago. So much for the "concerns" about getting wiped out. Feel bad for investors that read that crap and believe it.
Most flippers were sitting on the sidelines 20 days ago. All that did, guessed wrong.
There are 15 times few shares to buy now. Actually even few then that since longs and possibly institutional investors, the last 20 days, have been buying all the shares traders are giving up.
Hard to find shares to short and who would be crazy enough to even attempt it. Without any shorting, fewer shares available to buy.
Flippers are befuddled as the stock isn't acting like a OTC stock. They get out and the stock goes the opposite direction. See them all on the sidelines hoping for $3, $11 or whatever.
What does this all mean?
Because shares are getting hard to find, people will buy on the ask more. They have to get used to it, but they will. If you want to buy any kind of volume like 5000 shares, that will be difficult and might need to spend a buck more.
Everyone should do their own DD and not get if off a message board