BayStreetWild wrote:
Hahahaha. The only Mercedes you're representing is a picture in your landlords basement. Just no idea what's happening around you. You don't even understand the terminology. Bozo the clown.
"the anonymous selling is 99% institutional and high net worth selling through their brokerages. The people from the financing or people taking short positions. It didn't take a rocket scientist to see the company was talking smack and wasn't delivering on the promises."-BSW
ok so now it's changed from hedge funds to disillusioned small retailers, to 99% institutional high net worth individuals selling anonymously through those institutions. It's hard to keep up with your constantly morphing story !
An institutional investor is a company or organization that invests money on behalf of clients or members. Hedge funds, mutual funds, and endowments are examples of institutional investors.
And you're saying that those high net individuals ( smart money) were all convinced to sell because Seto flapped his gums and missed on his promises and targets. Do I have that right? I think that's your theory. But all the "dumb money" ( including you) decided to hold based on the underlying fundamentals, and despite Seto's gaffs. Some of the real idiots loaded up at .21 I guess ?!
Weren't you calling it unfair that people were picking up shares at 42.5 cents in the financing because it was so cheap. I told you that you could fill your boots at 30. Then you could fill them at 20... while you were screaming that there's no way. It's going to 80. Always be pumping!
I wish I made $200k so I could be smarter about these things.
You can start at Amazon. They're hiring for 23$ an hour right now.
bwahahahaaahhaa !!
MM