GREY:BFDRF - Post by User
Comment by
statesideon Aug 15, 2016 8:27pm
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Post# 25144231
RE:Painfull
RE:PainfullIt's actually quite simple. It's not about their projects potential. It's all about share structure. SOI shares were placed in strong hands willing to stay invested through the uptrend. The management of BFD placed shares in the hands of flippers who wanted out as soon as the shares became free trading recently. Two entirely different class of investors. Current shareholders will pay the price until the millions of flipper shares get dumped in the market. When that plays out and the flippers fully liquidate the share price can rise.
Stateside.