Honestly I think our market cap has held up except
Post# of 154863
(Total Views: 751)
Posted On: 01/20/2024 10:39:36 PM
Re: biloxiblues #140588
Honestly I think our market cap has held up exceptionally well considering all that's happened and not happened over the years. Really seems like a glass half full scenario to me.
I definitely don't think there are nefarious outside shorts holding the price down. Just the opposite, my take is that there's been a loyal and dedicated retail base that's done a great job keeping the cap up through a few years of turmoil and inactivity.
I do 100% believe that John Fife has put a lid on price movement many times by getting shares from convertible notes and then selling into the market but that's another legacy of Nader, not anything external. Fife got another 8.3 million shares in December and him dumping those into the market has probably had an impact on the share price lately.
I definitely don't think there are nefarious outside shorts holding the price down. Just the opposite, my take is that there's been a loyal and dedicated retail base that's done a great job keeping the cap up through a few years of turmoil and inactivity.
I do 100% believe that John Fife has put a lid on price movement many times by getting shares from convertible notes and then selling into the market but that's another legacy of Nader, not anything external. Fife got another 8.3 million shares in December and him dumping those into the market has probably had an impact on the share price lately.
(9)
(0)