Reality of the FDM tradingThe reality is this: There are 150 million shares out on Fandom. There are also about 30-40 million warrants at .10-.20? Plus options.
This is not a thin trader. Insiders own MAYBE 20-25 million. Friends and family and ex insdiers maybe best case 40 million. That still leaves 75 million shares that are loose swishing around like the ebbs and flows of an ocean. Momentum up and momentum down...they trade away. But what really changes? Nothing. The company grows and develops the platfom and regardless of if the stock was .20 or .07.... the work gets done the same. Everyone frets and points fingers and blames sellers when down and the board goes negative. The stock runs to .15-.20 and everyone is singing praises. I think everyone needs bi polar meds. Question: Does the penny stock market attract bi -polar people or does it make good people bi polar after being in it for years?