GREY:CCTXF - Post by User
Post by
ctblizzardon Dec 15, 2017 10:13am
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Post# 27163955
To me , it looked like...
To me , it looked like...(as I have stated before)
It looked like people flipping shares back and forth as Mezzi stock rose. Then once people said the private placement had been filled all the buying stopped, and some bid maintenance came in and thats about it. It has gone from 49 cents to 31.5 cents since. No news.
Of course these are just how things appear and my opinion only. I guess since we do not have news today something should come after the close or Monday. If 80% of the private placement was a few big players, that might mean only a million and a half-3 million between shares and warrants to churn through but without news it might not be pretty.
We all hope this goes well, and that would be the best thing for shareholders to look beyond the things that happened in the past.
One other thing, Cryptos and blockchain are in bubble territory now, to get any wind out of the new change in direction things really have to happen fast. The Fed is also raising rates taking some air out of the bubbles.