Copy of a post I just made on the amateur forum de
Post# of 7024
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Posted On: 07/07/2023 12:35:49 PM
Copy of a post I just made on the amateur forum debunking nonsense from the main basher:
Long-term serious traders who observe closely know that BLAS and INTL always move up when there is an aggressive enough buy set above them - exactly how all the previous leaps up occurred.
We also know there has been no new dilution for months - the 69M formerly Restricted becoming Unrestricted do not count as dilution as dilution is defined as an increase in the Total Outstanding Shares (Restricted + Unrestricted):
https://www.investopedia.com/terms/d/dilution.asp
That 69M was almost all traded the first day (67M on June 29) after it became Unrestricted.
Long-term serious traders who observe closely know that BLAS and INTL always move up when there is an aggressive enough buy set above them - exactly how all the previous leaps up occurred.
We also know there has been no new dilution for months - the 69M formerly Restricted becoming Unrestricted do not count as dilution as dilution is defined as an increase in the Total Outstanding Shares (Restricted + Unrestricted):
https://www.investopedia.com/terms/d/dilution.asp
That 69M was almost all traded the first day (67M on June 29) after it became Unrestricted.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
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