Were at 4 million shares traded today.
This is happening and it "Wont back Down"
As we have discussed on this Board. As the volume continues to increase it keeps adding more people to this bet in the Wall Street Casino. This bet is different in many ways but here are five that matter.
1) Everyone NOW knows that OSTK is NOT going away for certain. CASH, Gold, Silver, Peace HQ, Top E-tailer behind Amazon, Tech ARM. etc. etc.
2) Tiny Float. Everyone knows that this float is small and is owned by tight fisted holders that are in for the long haul. There just aren't that many shares to go around and as more and more small and large holders keep adding it just get tighter. Look at this volume!
3) BlockChain and all of those investments. Dr. Byrne knows that he drove the bus in the ditch in the past when Team O helped build companies that became very Valuable and the Company didn't get a dime for it. It's like carrying a cat by the tail. He learned and the company learned and that is why this time is different. We own some very valuable investments that people and Wall Street haven't figured out YET!
4) Swinging prices on the Stock. Today has had over $5 a share in price swings. Folks this is only starting and will be very difficult to stop for those betting against it. it only makes the next moves higher more powerful. You will see some amazing swings this month. It really will be educational for investors to watch. Today was warm up.
5) Big Money and The Worlds love of Gambling... as this transition takes place OVERSTOCK will continue to gain traction as a household name. There really isn't another BET out there like OSTK and the ICO or SPINOFF or IPO of the BlockChain. This is the next big Market Darling and Wall Street and Main Street haven't gotten the memo yet. The prediction is at Q3 earnings with very relevant Company information being explained the World will start to understand this better.
OSTK is changing the World and Owners are just starting to get rewarded. $39 is the next Hurdle but then after that there really isn't much resistance up to Par. Yes $100 a share Par.
Good Luck to all shareholders and Thank you Dr. Byrne and Team O.