GREY:COSLF - Post by User
Post by
CarbonWarrioron Oct 12, 2017 9:45pm
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Post# 26807681
About selling cst...
About selling cst...Let s say you want to make $$ shorting cst. The market cap is 20 millions... puny pathetic valuation. Bottom line no pro shorter would do it. So that cannot explain the selling. Let say you have been long here for many years and you want out. Makes no sense to sell in sept/oct because the news flow is nothing but positie. 2 possible reason left. Reason 1) You own lots of cst cause you got paid in shares *interest from debenture or in lieu of prof fees Makes no senses to sell like you did. Basically tanking the stock below 0.16$ (patent value/ 200 moving days ) but it could be remotely.possible if you are desperate for cash. If so, sp weakness is a fluke and will correct. Reason 2) Last reason, you sell cause you want this tech to dissappear or make it so that consortium partners are edgy about it... which brings us back to the wild and weird theory of pi financial. But darn it. Its not working. every day new partners are adding themselves to cst either via vcq or cosia xprized (sponsored by no other than suncor). Most probably reason 1) ie someone needs cash and they own lots of cst shares and they are liquidating in a thinly traded market....