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Bullboard - Stock Discussion Forum VIDWRX INC SMDWF

"VidWRX Inc is engaged in developing and operating cloud-based video content production platforms and video production series targeting the business and news markets across North America."

GREY:SMDWF - Post Discussion

VIDWRX INC > What does he know
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Post by cheval57 on May 13, 2016 11:26am

What does he know

I noticed that someone bought a lot of shares on a particular day last week. I don't remember if it was 300,000 or 500,000 shares. Who would buy such an amount of shares without knowing that something positive is going on or will come soon. That makes me think that bankcruptcy will not be the end result here.
Comment by Patty3 on May 13, 2016 11:43am
That is only $6,000...chump change to some people.  Also,  question can be asked in the reverse.  What did the person selling the shares know?
Comment by Defaulter on May 13, 2016 1:24pm
There always has to be an investor or any company will go nowhere. In some cases, that means self-funding. Many times, startups have relatively little in revenue (however some have a lot) due to small size and inability to keep up with demand. But, still, investors like the business plan/strategy and see the potential flood of revenue if the company can just be lifted to the next level. In this ...more  
Comment by jerseyman2 on May 13, 2016 1:39pm
It's called pure speculation ....... not a whole lot of money, and if it turns out positive, then great. If not, Tax Loss as long as it can be Sold !!!! I'm thinking positive cuz I own a Ton of Stock !!! Luckily its Friday , and we know VID won't be trading tomorrow ....lol...
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