Sheldon selling ....will it affect share price tomorrow?
posted on
Sep 13, 2015 12:26PM
If Mazan's information is correct and Sheldon has sold most of his shares will it drive the sp down tomorrow?
My opinion FWIW is no. If Sheldon's selling has been going on since the middle of Aug. and before then the main traders in PTK (not us) would have known he was selling and they continued to buy not only his shares but PNP's and other warrant holders as well for the past month or so. Things should continue the same until all cheap shares are purchased, hopefully not many left. Time will tell I guess.
Count down to Sept.30 is getting closer. If news is available how long will they wait before the CC before they make any announcements??