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Bullboard - Stock Discussion Forum Nutritional High International Inc. Ordinary Shares SPLID

High Fusion Inc is engaged in the manufacturing, processing, and distribution of infused edible products. The company's operating and geographical segments include Palo Verde; Pasa Verde; Oregon; Colorado; Nevada and Washington. It generates maximum revenue from the Palo Verde segment.

OTCPK:SPLID - Post Discussion

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Post by old_dog on Feb 04, 2021 12:07pm

As the day wears on

It appears that folks are thickening up the lower end at 2 cents. It will become apparent to some of them that digesting the 2.5 cent wall will be in their favor when the 3 cent wall comes up......and for those that sold at 2.5 cents it will become apparent that they should have pulled their sale and increased it to 3 cents.




old_dog
Comment by Tandemcarl on Feb 04, 2021 1:18pm
Is it a worry though that their are 23million shares being sold at 2.5 wouldn't they want to hold?
Comment by Summerhill68 on Feb 04, 2021 1:47pm
I don't believe there are 23 million shares truly for sale. I'm assuming some one or more  are trying to manipulate the price and make 0.005 on trades. i.e. sell at 0.025 buy back in at 0.020 i.e sell 100000@0.025 buy back @0.02 =profit of $500.00. If the sale was 1,000,000 profit would $5000. Ongoin and keeps share price down
Comment by old_dog on Feb 04, 2021 1:51pm
Let me ask this question to you...if you bought at .005 or .01...or .015 and you hoarded as much as you could....would 2.5 look good to you.....after all 500,000 at .025 yields 12,500.00...cost was 2,500...so if you made 400% profit in 3 months...would you be content...I'm more than sure there are all sorts of people doing their happy dance even at 2 cents....Imagine making 400% every 3-4 ...more  
Comment by Tandemcarl on Feb 04, 2021 2:05pm
So I gotta buy in to the point where my average is below 2cents and then I can start swing trading LOL!  Would love to start doing that once it reached 3-4 cents 
Comment by KelownaClown on Feb 04, 2021 3:01pm
I'd say anyone who bought shares at .005 or .01 and doesn't have at least some of them up for sale at .025, or even just .02, is nuts. That's called doubling your money (at least), and there's nothing wrong with doubling your money. I'm not saying you have to sell your entire position, but when you can cover your initial investment with half the shares you own, you're ...more  
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