Post by
JayBanks on Feb 03, 2021 2:23pm
Stock jump?
Anyone have info on a reason for the massive stock jump, I can't find any news, seems like it's being bought or is approved to produce, those are the only reason I could think of on a move Iike this... but both would have news reports..
it went from 0 shares traded to over 9.3 million in 5 minutes... so far it topped at 15 cents for a second...
any news would be good... I got in at 38 cents like 2 years or so ago so I've gotten beaten up on this small speculation....
Comment by
JayBanks on Feb 03, 2021 6:52pm
Found the news... A major shareholder disposed of 9 million shares on the open market for a full sell all.. I guess this means 15% of the company could be more actively traded, I've never seen this myself so I don't know if this is a good or a bad thing for Sulliden and it's share price...
Comment by
shlo on Feb 03, 2021 9:41pm
The good thing is that the company which sold belong to Stan Baharti. When I see his name as an insider I don't touch the stock. Now free from manipulations this stock which has much more cash in the bank than their capital market can go up as up double as its price right now. GLTA