GREY:RVVQF - Post by User
Comment by
HowdyBobon Jan 16, 2020 3:15pm
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Post# 30561689
RE:RE:There is panic and opportunistic shorting
RE:RE:There is panic and opportunistic shorting Nobody shorts a 12 million market cap company that is barley trading $30K to $60K a day this aggressively unless you know shares will be coming available. Nothing happend tuesday after the halt came off, not much yesterday after plenty of time to digest and not even this morning in the 1st hour of trading, but all of a sudden in 3 hours we are at almost 9 million shares willingly sold and I would argue more importantly, 9 million shares worth of buyers have showed up. getting a great deal if this company is good but the arguement here would be that things are not good and is why the dumping is happening so why buy the shares?
If it stays this low and george is forced to re-sign with MCAP, then their new conversion price will be pretty darn low and if the dream still comes true, wow will the make a lot of money