Nexoptic Technology Corp V.NXO

rumour has it,

[stockmonster6]

that several names on this BB are buying all those Daegula shares.... at cheap prices....

I saw this in a dream.  and then I saw a vision that once those shares are reduced to zero for the 3 DB, NXO rises to above $1.00.

Must be true.  Just tossing that out there.

However, I do speculate, NXO will not move until 3DB are indeed, shareless.  Likely all is being held down to ensure their shares are liquidated cheaply.

[AUborealis]

Good luck with that. You will never know when 3Db becomes 'shareless'. Reporting on SEDI will stop being disseminated after they pass down through the 10% ownership reporting threshold. Soon. Share position: Start: June 04, 2020:                      40,247,998    Closing Price:           

[birch1]

i'm actually more interested in who is buying them up

[5rockies]

Damn1212 is buying them up. He will rise as a phoenix and be one of the wealthiest people in NexOptic world.

[Damn1212]

I did buy 212 000 shares yesterday  already down ... LOL  Im the worst investor ever  

[stockmonster6]

I can see things picking up once their threshold is below 10% and no longer reportable on the "Insiders" selling/ buying reports. I think, perhaps, the company is awaiting that until we see a jump in share price. as Birch1 indicates, it would be interesting to know who is making the private $1 million share purchases. Those are huge sums of money at a time.  Someone, or several

[Damn1212]

Stockmonster  Or the buyer is selling on behalf of brothers to circumvent the selling restrictions 

[Truhlik]

  Dumping shares through a third party is possible, and based on the agreement, there is nothing that Nexoptic can do about it.  According to the timing and size of these "private" sales, and the pressure on the stock price, I think it's likely.  I guess we'll never know for sure.   

[Damn1212]

I think we can all deduct from the constant dumping everyday since the selloff started that the two events are linked ( share price collaps vs 3bd selling 1 million blocks)  Its outright deceptive to pretend these 1 million share blocks are going to " strong hands"  No buyers and hence the price collapse. 

[SomeInvestor]

I too hate the constant dumping that is absolutely demolishing this price by the bros. Man the $3000 worth of shares yesterday and the $6000 before that and the $2000 before that. Just ruining us. 40k shares over a 3 days out of 1M shares traded over those 3 days. There were buy and sell orders larger today than the last 3 days the bros sold. Good luck thinking it's them ruining the price. You

[Damn1212]

@someinvestor  We are not discussing the small dribble they sell rather the huge lots of 1 000 000 shares that end up on the market daily  in 100 000 - 200 000 share lots.  1 000 000 shares getting sold every 2 weeks.  Try to keep up with the discussion @ someinvestor. 

[cashy]

We know that they bought those 1,000,000 every other week not to lose money,but to make money. I think thats a green flag.We may never know who those investors are,or we might find out later. Who knows?

[cashy]

I forgot to mention all those million shares could be pocket change also Some investors have many millions of Dollars to invest.

[cashy]

Also someone might buy all of the Dbos shares whats left of them after this million share buyer, and at a cheap price too. Lots of different scenarios.  What do you think? NXO  you know you want it                                      imo

[Henryford]

And only good news will hange that. Thinking that the Brothers selling all their shares is going to change anything ,is just total madness. Income Generating news is first and fore most. If the BOD had any news that could or would affect the SP...they would have to announce to all shareholders. Failing to do so, I suspect would or could end up in Court.