As an investor of the CR why the hell would you even consider selling... honest question... you invested say $250,000.00 and a week or 2 sell for for 0.32 ??
WOW a 8.33% increase taking your $250,000.00 to $270,825? half of that $20,825 goes to the tax man and you make $10,412??
Seems suss to me, I have a feeling we're over cooking this sell off idea. If any one was selling it was those who got in in the 20s and or long term holders who were up 200% - 300% and they sold between 0.38 - 0.40.
The price currently is being pushed down by holders of prior raises or opportunist brokers seeking to fool the retail folk into a panic... If I invested or was a part of a raise as big as $70,000,000.00 I would be seeking to give the tax man as little as possible. I think those who invested in to the most recent round are here for the quarterly's in the next 12 - 24 months and they're probably thinking that there won't be any further raises or dilution so they'll be happy to hold.
Just my 2 cents for the morning.
good luck to you all.
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15 | 448461 | 0.395 |
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Price($) | Vol. | No. |
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