OTCPK:SPLID - Post by User
Comment by
craftergrafteron Jul 04, 2018 3:47pm
186 Views
Post# 28268952
RE:RE:RE:Why such jump?
RE:RE:RE:Why such jump?Buying volume is going to move the stock. It's been getting cut down the last three weeks on low volume sales. Single big buys, which comparatively aren't that large (100,000 shares, 50,000 shares, etc.) don't have a lot of walls to run into on the way up.
Everyone who is holding now isn't holding for a quick trade; they're holding for significant political milestones being reached.
As more and more people hear about and discover EAT the value will increase. Consider that there are more than 250,000,000 issues shares, but only about 500,000 trade daily. Less than 0.2% of the shares trade daily.
New buyers will drive this price right up plain and simple. No amount of fundamental analysis can make this price go up, it's already fundamentally a terrible investment. We're holding for the future potential, and trying to attract new buyers.