GREY:EPWCF - Post by User
Post by
7Twiggyon Jul 05, 2021 9:18am
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Post# 33492188
The whole float traded back in February
The whole float traded back in FebruaryA couple things I never thought about before is the major gain insiders and accredited investors
made when they sold in February. We knew about the Kleins but there would have been a lot of accredited investors that also made a killing. I would bet that most of the accredited folks sold most or all of their positon back in February. Check the historial trading data on Yahoo finance. I just looked at an average of 15 of the high volume days. Taking an average of 20 million a day trading by 15 days leaves you with 300 million traded and I am being conservative as the trading was high before and after that point. More than ever I am convinced that a very large portion of present shareholders got in at over a dollar and most likely have no intention of leaving any time soon. In fact I would not be surprised to see a lot of the former accredited investors jump back in as they
can get back in for one third of what they sold. The first concrete news of Empower getting involved in the US market will be significant and so should any price appreciation. An American exchane listing would facilitate this but American's can easily buy Empower on the CSE, the same way most of us buy stocks on American exchanges. Graduating to the TSE is also key. In summary the whole float moved to another group of ivestors back in February and most of the have been averaging down since then.