Post by
theTransporter on Feb 09, 2021 10:35am
$0.35 seems to be the stall point
Everytime the $0.35 ask is taken out and some volume builds on a $0.35 bid, it's instantly sold into. This is where this is stalling and having a hard time gaining traction.
Someone go cut MMCap's internet connection! They appear to be fighting very hard to prevent this from going higher allowing the company to force them to convert their debentures (somethign they do not want). The shares they are selling appears to be endless.
Comment by
theTransporter on Feb 09, 2021 10:48am
No loss here. I'm playing with house money. I unloaded half my oriiginal position above $2+ and quite a chunk at $3+. I still don't like to seeing my "free shares" not make me money... Just when I thoguth we broke through $0.35 resistance, up the walls come again. These guys are relentless!