A honeypot?

  1. 8,714 Posts.
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    What of the prospects for the recently set up GoZhongshe and GoFreePP? Are they bringing in a flood of buyers for GCN's shares? Are they a honeypot - as they should be, if GCN's promises of revenue are valid?

    I see that there are currently:

    24 sellers for 15,699,217 shares

    29 buyers for 35,565,685 shares

    So a greater number of buyers than sellers, wanting more than twice as many shares as are offered by sellers.

    Unfortunately for a honeypot theory, the total of buyers includes 27,500,000 GCN shares wanted at $0.001.

    So there is no honeypot effect that I can see.

    And heaven help GCN if the buyers get shares at that price.
 
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