I think you are talking about those Pearlman shares that the court was dealing with that were a part of that fly by night company that got caught doing all kinds of sorted things way back in I think 2012.. forget the name too it's been a while. I thought they were able to sell 9 million per month if and when that was to start happening ... that figure seems to stick in my mind. It could be the case but I think it may have something to do with some old money selling to lock in the ol long term profit. Could also be some youngsters not wanting to wait any longer. There is a lot of that in the market today. short term investors. I myself am going to run with the theory that It could be either one and I will be adding as many shares as I can while the price is cheap. We know that when that selling gets turned off the buying will be running this stock back up and probably higher than we think and faster than we think possible. Just my opinion but we know how fast this moves on low volume and especially on high volume. Too many great scenarios and catalysts in the pipeline for this stock to stay down for much longer. Certainly a great time to pick up some really cheap shares. This may be the last big dipper to happen in sub penny ville. Time will tell!
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Energy 1 Corporation (EGOC) Stock Research Links
What I post is my opinions and thoughts based on my research. Please do your own DD before buying or selling any stock. I am just as capable as the next guy in making good or bad investment choices! We win a few, we lose a few. That is the nature of the game!
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