ThatTimGuy
HailTheApocalypse
:
The lock up period is from the IPO/early investors. Their shares were put into lockup to keep them from dumping them and dumping the price of the stock early on. So they are forced to hold until a certain amount of time has passed to give the stock time to stabilize. I do not believe that these are included in the current float as they are not available to be traded. This may cause a drop in the price of the stock on the 10th as it will see some dilution. or at least that's my understanding.
PTSF87 : waiting 0.17 to load more
72638079 PTSF87 : Floor is 18.4 now, don’t wait for 17 it won’t come
HailTheApocalypse : what's the lock up expiration mean? is that referring to options?
HailTheApocalypse : and it's at 11 cents. pick up or let go?
HailTheApocalypse : correction: 17. idk where in hell I saw 11 lol
ThatTimGuy HailTheApocalypse : The lock up period is from the IPO/early investors. Their shares were put into lockup to keep them from dumping them and dumping the price of the stock early on. So they are forced to hold until a certain amount of time has passed to give the stock time to stabilize. I do not believe that these are included in the current float as they are not available to be traded. This may cause a drop in the price of the stock on the 10th as it will see some dilution. or at least that's my understanding.
HailTheApocalypse ThatTimGuy : thank you. what you've said makes sense to me. I'm sure I'll have dumped this by the 10th anyway.