GREY:CRIUF - Post by User
Comment by
deisman03on Jul 04, 2018 4:12pm
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Post# 28269103
RE:RE:Starting to load
RE:RE:Starting to load To declare the distribution is safe to the end of the year?????
To declare this is the bottom?????????
On June 28, over 750k unitis moved. I suspect most of them were from the escrow units.
I would like to believe those responsible for selling off those units are getting paid a percentage of the sold price. IF that's the case we've likely reached the bottom.
It all depends on what they valued the units at before they were used as collateral.
Likely that will be very close to their selling price.
Still, a few here may dump a few units in hope of driving down prices further.
Whatever, what's happening now is way out of the league I play in. 500k block trades worth $C7 million are way beyond my means. It will be up to the players with deep pockets to sort it out from here. I seriously doubt they want to lose their initial investment. Still, all of us are fallible.
GLTA the good folks here.