Barginstocker,
735,000 shares traded today. Not too much, and that is why this stock price can be pushed WAY up with some buying pressure now that the float has been swallowed up over the past several months.
Answer 1) Yes, the stock price has dropped as [I believe] the MMs have seriously shorted this on to death!!!!!! This is the most positive reason this stock price should be one of those that people compare to over the next 10 years. ...like EUTO is now compared to the rest. When I bought about 1 million shares of EUTO at .0034, It wasn't the most popular stock either. If it was, I sure wouldn't have been able to buy so much of EUTO. When it went to 27 cents, I made sure I tracked every single detail regarding the EUTO event. I have bought several other stocks that have done what EUTO did because I applied the details to these other stocks. I admit, some stocks that I thought would make it, have not yet, but no one is right every time, and certainly I have made poor stock pick choices. I have however, applied what little information I have with SNTS and have found that the trading patterns, information leaks, etc., are very similar to stocks that have risen to unbelievable heights from the sub-penny category.
Answer 2) Well, I called this hearsay because I call "anything" hearsay that is not 100% proven. I do however feel my source of information is credible and this allows me to be somewhat confident after exhausting my efforts verifying the information. Again, the lack of information is all part of the "insider" attempt to prevent hypsters and promoters from being credible as "they" want to be the sole investors during this "silent" period before the i.e. buyout of the shell, etc., with complete benefits being directed to existing shareholders. Most shell buyouts, etc., will include a clause to protect the common shareholders as many of the shares belong to the insiders arranging the ticker symbol takeover and their interests are at stake. This is why the holders of common shares usually benefit far more than the insiders negotiating the takeover [as new shareholders "like us" have taken advantage of the new sub-penny prices].
Good luck to all here! Remember, at this price, it does not take much of an effort to eliminate the entire float. A squeeze is imminent!
This is a no-brainer! A few months back, I wondered if this would transpire, but now am confident it could happen at any time. I would like to see some heavy buying take place soon to get this started immediately. I will let that happen naturally. Hopefully, enough people will see the potential and the buying will catch on. If not, we will all win in the end anyway when the "company of value" causes a major adjustment to the stock price.
Take care...... |
