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Microcap & Penny Stocks : Research Frontiers - By Long on Refr, Larger stock holder
REFR 2.030+0.7%3:59 PM EDT

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To: longonrefr who wrote (174)10/22/2024 3:41:26 PM
From: wallstreetbull  Read Replies (2) of 231
 
Someone dumped 24k, and all bought in the last hour. Maybe Tinker sold his last 10 shares.

We can calculate how many shares he had. He said he made 1 year's salary on the move from 10 to 30. 10 to 30 is a rough guess. I take a year's salary at about 100k. It could be anywhere from 70 to 150. If he made 100k on the move from 10 to 30, he owns 5000 shares of ASTS. That's 50k he started with. This means he owned 25k REFR and sold it for 2 and bought 5000 ASTS valued at an average price of 10 and now valued at 150k at 30. It's lower now. I'm going to guess he owns about 6000-7000 shares of ASTS. I think his average is maybe the high 8s and not 10. I highly doubt he calculates 1 year's salary as 200k. If he does, it would mean he owns 10 to 12k ASTS and had 50k REFR originally. I doubt that is the case.
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