Post by
ThePower on Jun 28, 2021 10:42am
So if this breaks from consolidation, insider dump?
Still holding 50,000k shares and I completely understand patience as this grows its backlog and revenue, but this is getting depressing. I can't even blame the day traders or shorts, it's the company itself that is keeping the price down.
This isn't a FUD post, but we're back to that range. Massive bid wall at 0.50, while only a few asks at 0.51 and an ask wall at 0.52. The stock can't even break from this consolidation because the company itself will exercise cheap options and then just dump in the money. Or just dispose of 2 million shares in a cross trade that tanks the price.
And I'm not even touching on the 3:59:59 seller that drives the price down every other day.
DEPRESSING. Hopefully it will be all worth it in the end.
Comment by
kingscorpion on Jun 28, 2021 1:37pm
With a high volume of shares trading again It looks like it might be more than 2 mil of shares being cross traded for this individual investor If anyone finds out please let us know
Comment by
Kalsabor on Jun 28, 2021 2:40pm
could we take it as a sign of an aquisition soon ?
Comment by
ThePower on Jun 28, 2021 7:37pm
If you think me using the word "depressing" seriously, and not just an obvious hyperbole then maybe you need to get off the internet and go outside. But, you have a good point. Still, when insiders get rid of shares well below the price of a private placement and right as construction season kicks in, it's warranted to raise a few eyebrows.