OTCPK:CADMF - Post by User
Comment by
CoreyBon Sep 21, 2018 1:45pm
47 Views
Post# 28665867
RE:RE:RE:RE:RE:RE:Nice shake out
RE:RE:RE:RE:RE:RE:Nice shake outI'm not here to bash a stock I no longer own, unlike some others here or on other boards. Your numbers are whatever you come up with, if you make money here then fantastic! With that said, if there is virtually no float with it being completely locked up with insiders and management who shouldn't sell because this is such a homerun winner, and the tiny bit that is out there is locked up with believers, then how does the stock price move? Some are saying this has such a tiny amount available that the price will explode upwards at any moment. It could also have the opposite effect if you use that reasoning. You can't move a stock price with no shares available to trade. If it is to move then there are non-believers selling in order for someone who is a believer to be able to buy, has to be someone on each side of the deal that believes the opposite of each other.
So far the numbers presented state that at least 90% of the float is locked up with insiders and management, and the rest are supposed to be hardcore believers that this company will make them millionaires by year's end. I sold and am not sorry that I did, because this was a shell company that was dead in the water until they decided to jump on the flavour of the week. This could have been lithium or cobalt last year. "Luck" if you wish to call it that, of sitting on dead money of a gold claim shell company until it changed direction to weed. Good luck!