RE:RE:RE:RE:RE:RE:Is It Actually Possible? Mr. Soroush Nazarpour has been providing seemmingly regular support in preventing the share price to drop below $2.00.
Mr. Soroush Nazarpour purchased $10,250.00 worth at $2.05 and then $1,004.00 worth at $2.01 earlier during the trading session today.
Yes Dumont. My guesstimate of a $2.00 share price base is looking good and you are correct suggesting we still have the remainder of this month and most of December to go during this Q4 tax loss selling season.
I could keep pitching in and buy more tranches of NanoXplore shares in supporting Mr. Nazarpour purchasing some of the NanoXplore shares being dumped at or nearest to $2.00.
It's just that I am just too overweighted with NanoXplore making up 25% of my overall equities portfolio and the share price would have to be allowed to collapse well below $2.00 for me to tap some reserve dry powder and at such sub $2.00 share price points go about buying NanoXplore like a drunken sailor, so to speak.
I will say the fact that Mr. Nazarpour is allowed to purchase during the period preceding what would be the news of the comprehensive VoltaXplore financing package being publicly disseminated sometime during the next month and a half is, in my opinion, clearly indicative of long ago prior consent having been attained for him to do so. I figure a preexisting, duly scheduled and BOD approved shares purchase plan is what allows Mr. Nazarpour to do so.
If that is so, it demonstrates, in my opinion, Mr. Nazarpour and the members of the BOD demonstrating their savviness in undustanding that during Q4 tax loss selling season the NanoXplore share price invariably requires support; and what better signal to existing and would be NanoXplore shareholders than the CEO and founder demonstrating his willingness in assiting to support the share price.
Then again, what do I know Dumont.
For all I know, I am about to experience a material dilution to my NanoXplore equity investment value of upwards of 33%; yet here I am celebrating the fact that the CEO, who never really would experience any dilution to his NanoXplore equity value (for him, it surely is made to evens out), is purchasing shares at or nearest to a new 52 week low.