Here's my 2 cents on selling once we are in dollar
Post# of 85480
A lot of this comes from AAM from a fews back.
Once we are in the $4-5 dollar range and beyond, the heavy hitters will be all over this. IMO we could easily see 100-500 million shares traded daily.
One recent example: PLUG was around $3 and word got out about a few contracts being signed with South Korea and another one I can't remember.
It ran to $70.
It's back in the $20 +/- now. They are still in the red I believe.
It traded 1-4 BILLION dollars worth of shares daily for weeks on end.
I'm not saying that will happen here, but I am not ruling it out.
IMO within the first 2-8 weeks of our first big run, 75% of the initial retail investors will have sold the majority of their shares to the hedge funds and other industrial investors. I hope I'm wrong.
One thing AAM told me to do was to hide my balance sheet from my eyes because my feeble brain wouldn't be able to comprehend the dollar value.
I can't wait to have that problem.
I will have to milk my shares for everything they will worth.
I do believe our time is finally near.
Good luck and thanks to all the great DD, Chiro, Mikey, MLR, LV, (Toodles, I know you're out there) and more.
And thanks to the moderators for keeping this board clean of vermin.