The dividend
$LQR House(LQR.US$ The dividend will equate to 66% of the share price in value which right now would equate to around $1.90. But short sellers will be able to use their shares first to cover and right now that equates to dropping the price to $1.52. They can then use the shares to short again and that would drop the stock price to around .89c by the time the retail investors are able to sell. And if half of them sell their shares that would drop the price to a clusterfuck or about .45c. That would cause shorts to cover again sending the price to who the hell knows where or about .65c. Pretty simple math when you think about it. 🤣
PS: And that is using todays price. Thats not factoring in how many people sell after the date of record which could drop the price significantly and would benefit whoever shorted the stock who can then cover and sell their stocks when lockup expires this month. Hint: It benefits the CEO and institutions whose shares are worth around $300 each or the original IPO price.
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Zelda7 : Master, SUGP has reached a low point. Yesterday's transaction volume reached more than 200,000. Can it rise today
BAO BMW : O ..no ..that bad ...so this still can buy or forget about it's ....any advice master
Mcsnacks H TupackOP Zelda7: I hope so. I'm down a lot on it. I'm getting to where I just want to make a small profit now.
Mcsnacks H TupackOP BAO BMW: I wouldn't buy it until around Thursday.
Zelda7 Mcsnacks H TupackOP: Does it still have a chance to go back above 4
Mcsnacks H TupackOP Zelda7: Yea it will go back to 4.00. Just don't want it to take very long.
Boon_Is_Real Mcsnacks H TupackOP: It sounds like we got in at about the same PPS. I’m thinking the same thing as you I just want off this roller coaster
Troy Roberson : this stock going to moon big time
Troy Roberson : i disagree and this is why
Troy Roberson Boon_Is_Real: going way past 4.00 you guys dont get it this stock will hit double digits 10.00 + easy mark this post
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