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  4. Zerify Inc (ZRFY) Message Board

I'd like to make an appeal to reason to those shar

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Post# of 82688
(Total Views: 603)
Posted On: 01/26/2020 11:32:49 AM
Posted By: ace thompson
I'd like to make an appeal to reason to those shareholders who are quick to advise fellow longs that if they have complaints about whatever, that they should sell and be gone.

I'm not saying it's bad advice in general, but let's have a look at what that could mean specifically to SFOR. We have here a thinly traded stock, in relation to the number of outstanding shares. The average daily volume is about 9.4M, according to Yahoo Finance (which actually seems high to me).

So let's say I want, or need, to unload 10 or 15M shares for whatever reason, so I can go elsewhere and be happy and stop bothering people here. If I try to dump that amount of shares tomorrow, it will absolutely shred the share price, the bid will zoom down at an incredible rate.

Maybe there's some other course of action that can be recommended to temporarily disgruntled shareholders? Some way to think more positively about the current situation, instead?


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