Post by
qwerty76 on Feb 12, 2021 10:24pm
Insider Sales
Some of you may not realize that for the lat 16 trading days Peter was selling 25k shares (which he gave us advanced notice of doing) In turn he exercised 3.4 Million warrants so a net increase of 3 Million shares.
But this amazing rise in share price was during the same time that Peter added 400k shares to the public float.
What is going to happen over the next two weeks now that he is done selling (adding to the float)?
I look forward to Tuesday's trading :)
GLTA
Comment by
Yakushev on Feb 12, 2021 10:40pm
Exactly right Topseeker and Qwerty. I remember when pot companies were using their paper to buy up other companies left and right. They had an obscene number of stocks out, and prices were still increasing. This low float is just one more reason, and it is not a small reason, why the stock price is going to explode up.