BlockchainK2 Corp V.BITK

Not even Insider buying has stopped this slide.

[rixpix]

BITK continues to slide with no update, except the 2 purchases from an insider.

Down almost 20% from the 1st insider purchase of 27 cents.

It's a head scratcher as to why we haven't had any update from mgmt lately.

[rixpix]

Another day, another flushing of BITK shares. Today it's someone from Echelon dumping shares @ 20 cents. Huge volume today in only 2 hours of trading. Already traded 125 thousand shares. Most days are in the tens of thousands. Not even insider buying has stopped this slide. GL

[woundedknee]

What slide is that rixpix? Markets are in deep red and we are now up a penny and looks like we could go up more. I have a rule and it generally gives an indication of trends. Wait for 90 minutes or so after the open before making daily predictions. And even then, an unexpected NR may change everthing. jmo

[rixpix]

At least some buyers have stepped in, but that has brought out even more sellers. Over 300 thousand shares traded so far. That's huge. Looking back, I haven't seen a 300+K day since August. 

[MustangSalley]

Look at the trading carefully . Its usually NB, anonymous selling and today Echlon. Then Echlon is buying all the shares back now wtf?   The shorts are trapped they are recycling their position from one house to another to avoid reporting theor large short position in my opinion.  The float is very tight.  Nothing has fundamentally changed with the company re Real Blocks and

[enlcan]

I agree Mustang.

[woundedknee]

As do I.