RE:Castle selling / should / will this makes differenceRock. My platform says that our average daily is about 3 million shares but I am unsure if that includes alternative exchanges. Anyway, 37 million shares sold by C.L. in a "series of sale" is a big deal because those are not 'churn' sales (ie people selling and rebuying as traders do.) It will have put huge down pressure on our price at precisely the worst time (dike delays and impending consolidation.)
I am quite confident (a guess of course) that C.L. is selling as part of an overall attempt to right side their own balance sheet due to owning commercial aircraft (350 of them) that are leased to carriers. They will have their own troubles paying Airbus and or Boeing.
https://www.castlelake.com/ Someone (or a few buyers is / are) getting NCU at a give away price. The insiders remain blacked out. They have been under black out for a long time and so they will only get shares through conversion into rights (as just happened at a low price,) option grants and possibly as part of a new financing (which almost certainly we will be having.)
It is good timing for buyers. There is no BR or BP... that is just nonesense spread by the flounder and his Low-IQ-joe crowd.
I still think we actually get a progressive series of news (mostly good) every two or three weeks now and we track back to a reasonable share price that puts the warrants all back in the money.
Anyway you look at it, this drama will continue to be the gift that keeps on giving, for quite a long time.
N.
rockhound3 wrote: Has anyone looked to calculate what % of the sellers Castle was?
This may have been a big win for those who were buying!
And Patchh thanks for confirming that mines in Nevada don't go bankrupt!
and let us remember the 3000+ who lost their lives 20 yrs ago today!
ROCK