Post by
stockguruking on Jul 28, 2015 11:41pm
the major seller was finally crossed out
one of the largest funds in the deal was blown up... since 42c he has been the major reason for the significant selloff.. we are probably talking a position of 10-15M shares that was in the market everyday. I know brokers and big players behind the deal and he was crossed out on Monday by Canacord house 033, another major shareholder of the deal (finally). Now that the none stop pressure from a fund being blown up is over, I expect slow and steady growth back to the stock. there cash position and revenues make this very attractive. I lost a ton of money on the way down but I will make double on the way back up. I cant see 10c bid? can you guys? wont you back up the truck @ 10c? who knows.. been wrong before but usually play this game well... is this a scam?? maybe some of you guys who have been here longer then me know better. if its not a scam... its a huge buy.. one of the biggest on a beaten up venture market in my mind... just based off revenues, cash and market cap. good luck all.
Comment by
Seadooxp1 on Jul 29, 2015 1:13am
Thank you for the information - any insight on why the fund needed to liquidate their large position?