Notaguru, just to be clear, we do not have the ans
Post# of 4861
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Posted On: 02/09/2021 11:14:58 AM
Notaguru, just to be clear, we do not have the answers you are looking for. In fact, we are looking for answers ourselves. As for your theory, certainly one would think Dalton's friends would have bought at lower prices. It's a good question why they may not have. But maybe Dalton had not told them he was ready to drop the news a few weeks or months ago. However the large buys of over a $100,000 does not seem like the typical penny stock investor that I have come to know. It could be that these large buys are just deep pocket investors who don't mind dropping a hundred grand or so on a dark and non-reporting penny stock with a CEO who has not filed or even publicly communicated with shareholders in years (this doesn't seem very likely to me because I know I wouldn't do that).
So I suspect Dalton needs a certain number of investors to qualify for Nasdaq, and he may be rounding them up right now. Or, another possibility is that he is simply ready (for whatever reason) to let the world know what he has built, and he is telling people to buy now. In my experience, investors try to buy at reasonable prices. Although they may fully expect to make dollars very soon, they still are good business people who don't wish to pay more than they have to.
Kgem
So I suspect Dalton needs a certain number of investors to qualify for Nasdaq, and he may be rounding them up right now. Or, another possibility is that he is simply ready (for whatever reason) to let the world know what he has built, and he is telling people to buy now. In my experience, investors try to buy at reasonable prices. Although they may fully expect to make dollars very soon, they still are good business people who don't wish to pay more than they have to.
Kgem
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