Jul. 4 at 9:33 AM
$RZLV Now that
$RZLV is partnering with global companies
$V $GOOG $MSFT $TATA.X and many others they are now starting to address the companies presense in the market. One strategy they are using is The share buyback scheme.
The main objective is to correct/support the share price, which is currently in the grip of a 45 million share, short position.
The objective is NOT to spend
$300 million. If the'y buy
$10, 20, 50, 100 million and the stock rises, Mission accoumplished. If not they can continue to buy up to
$300 million.
The point is, don't let the bears spin this as "They only spent
$10, 50 or 100 million, they ran out of money, its a scam etc etc"
Look at the share price if they stop buying. The share price is the metric to measure for success, not how much it cost to achieve it.
Happy 4th July to all our USA friends on here, Have a great day!🇺🇲🏴