Post by
Wally41 on Apr 21, 2023 5:00pm
Share #'s
That is the thing that bugs me about this whole process. Why in the world would he sell 20 million shares off and then get the prices to drop to make the company less viable. I think that is a big question we need an answer to. I don't think a lot of shareholders were too happy when the price started plummeting in front of their very eyes prior to our so-called deal
Comment by
Toldyouso45 on Apr 21, 2023 5:06pm
You will have certain people tell you it was because of a margin call ... even if one was to believe that, if such a great deal is imminent, it makes no sense to offload 20 million shares, SM could easily have got a loan to cover the so called margin call ... especially if such a massive deal is about to happen ...
Comment by
Briggsie1 on Apr 21, 2023 5:11pm
I'll let you in on a little secret. But don't tell anyone else . The shares were transferred from one fellow to another. Please please don't tell Carlo.