RE:House positions for First Cobalt Corp. (April 23, 2020)Who has The 400 million shares in this company?
I’ve looked it up and the management and insiders may have like 10 million.… So where are the other 390 million outstanding shares??!!. Well they’re not the institutional‘s... as they’re not allowed to with our low market cap. So… Who’s got the other 390 million shares? ..... yes of course there’s some groups that I’m not including that probably make up for a lot of shares.… But still, what I’m saying is I can’t believe flippers have 80% shares of this stock. ....... So either I am missing something, and there’s a lot of secret owners of this stock, or I am correct that flippers and drive by shareholders on like 80% of the stock....... so again, not sure what’s going to happen, but we might have a wild ride, in the next 30 to 120 days. ...... Feel free to comment, but I think all the drive-bys are out doing something else.