@makattack
Unless you write a ridiculous amount of posts everyday it seems you’ve been around the traps a long time
I’m also asking you due to myself being still fairly fresh to the market (although I feel I’ve learnt more from the market this year from sitting in basically the one stock for the long haul) and also the fact that you seem to have a very unbiased view as you drop by from time to time
A lot of people, more so the ones that seem to be crushed by what’s happening as I’m sure they have been accumulating hoping for the next spike to trade off again, have been claiming all these sophs are just hoping for a quick profit
For starters I will be amazed if they are able to offload 250 million shares before we hit 2c
In fact I will eat a hat from sheer excitement if I see that happen
But also the fact of last year they seemed to get their shares from the placement a week later
S708s must know that by the time they get their placement shares the company share price dictated by those trading it and peeved off (due to humans really enjoying overreacting at every available chance they get) could very likely be at the raise price before they even get to make 1% profit
Is this usually the case from other raises you have seen, that it is quite hard for them to profit as they receive their shares a little after the stock resumes trading? Or am I not reading the past 3B from last year correctly
Also the people that just keep making out like the rich sophs just keep getting richer and we all suffer, isn’t that a bit skewed
Without their millions we wouldn’t have been able to build out overpass this year and generate early stage revenue from Verizon all the while cementing a place for our technology within their company
And without their millions again we wouldn’t be able to push overpass globally next year and get Dataflex up and running whilst servicing the needs of Verizon and advancing that relationship further
Without these wealthier folk investing in these start ups there would only be venture capitalists buying up companies which would mean we don’t get to tag along for the ride at all
Money fear and jealousy do really strange things to people’s brains
Any insight into what you’ve seen in the past mac would be appreciated, more so just curious as all this talk of profiteering sounds absurd for the above reasoning
