Post by
theTransporter on Nov 13, 2020 4:06pm
1,321,670 MOC SELL order
1,321,670 shares were literally DUMPED at the close of the market into the bids.
There obviously was an ice berg buy order that absorbed all that volume at $0.135 as the bid size at that level before close was only 433,000.
This stock is just being brutally destroyed.
Now you guys will respond "but but Q1!!"... I don't think Q1 is going to fix this issue. This issue is deeply engrained in the way this trades and nobody wants to touch this unless they can produce at minimum $20M+ revenue for the quarter then MAYBE there will be enough buyers to overcome the sellers. Realsitically they need a 20M+ share volume day on Tuesday, and once that volume is gone after a few days, this will be pounded back down.
Then come January another 110 million FREE shares wll become freely traded.
Comment by
vulcan123456789 on Nov 13, 2020 4:20pm
supreme thanks you for your support trans
Comment by
vulcan123456789 on Nov 13, 2020 5:55pm
think john already corrected you... all I'm saying if your invested you would think you would be more pos even in dif times.. you often dont help your own cause
Comment by
bever64 on Nov 13, 2020 4:28pm
Relax Trans....this thing will close at .15 on monday and then hit .20 tuesday.....i personally guarentee it!
Comment by
vulcan123456789 on Nov 13, 2020 5:51pm
well said john good to clear that up.. 13mil is nothing in the scope of things and couple doz longs can clear that up.. and by then this glut will have settled down by then