GREY:CCTXF - Post by User
Post by
ctblizzardon Dec 07, 2017 12:51pm
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Post# 27110538
Current thoughts...
Current thoughts...Well for those of you who remember my posts over the last year we made it to the level I felt we could get to.
The run seems odd though. Apparently very little retail buying, a bit here and there but mainly big houses swapping stock off. Perhaps because of the rise in interest in the new area we are getting into word spread and these parties were interested but it just seems pretty odd to me.
Also in terms of PP2.. the stock had to go up to try to sell that puppy with 15 million shares or so coming off lockupfrom PP1 in 9 days. Was it encourged higher to close the deal? Do people still back the stock for the longer term? who knows.
Just a few days ago were 25% higher but all those excited parties ran out of gas and volume dried up.
Just a guess but we would need really solid news to create enough interest to absorb that stock coming loose.
It is also possible the bigger players can sell short, knock it way down then buy more.
I certainly hope there is a decent plan here because it looks a bit winded and once the PP is full (as some said it is)not sure what the motivation would be for people to keep pushing the price.