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Hi Titans, My thoughts are that the SP is sagging and may dip to...

  1. Klotho
    5,071 Posts.
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    26/11/19
    23:08
    Post #: 41648797
    Hi Titans,

    My thoughts are that the SP is sagging and may dip to a level that many wont convert which means that the underwriters will hold a large amount. They could then stifle any rise at a later date as they would sell into it. Better to have many small holders so an announcement re a P2b would ensure that the small holders will convert...All IMO
    BIT Price at posting: 6.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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