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08/02/18
11:42
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That’s because there not taking s loss.
You’ll find a lot of these sellers have a lot of free float shares.
Example: Brought in at .018/.019 sold a chunk of shares at .025/.026 which gives them there original investment back or a substantial amount of it.
They can afford to still sell down to low/mid 1s without actually taking any losses.
It’s been the same problem since pm1 relisted, and probably won’t change until a very good announcement is made.
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