InvestorsHub Logo
Followers 269
Posts 5714
Boards Moderated 0
Alias Born 08/22/2012

Re: forestli post# 8348

Sunday, 09/21/2014 2:20:54 AM

Sunday, September 21, 2014 2:20:54 AM

Post# of 25284
95% reduction-in-shares, and-they-still-raise-the A/S by 300% to 2,000,000,000!!!

Can't believe people are buying into the $LEXG/Tesla hype, or even anything else $LEXG claims...

Half the $LEXG intro page now is about Tesla and SolarCity lol, even though $LEXG has absolutely nothing to do with either company and in NO way will EVER do ANY business with any of those companies.

I think they are doing a R/S to try and lower volume and downward movement as best they can...

IMO, they're hoping volume will drop off (relatively) after the R/S, and the share price will 'freeze' or stop falling as quick on heavy volume... Gives them time to issue TONS of shares at higher prices...

All my posts are my OPINION only. Never buy/sell any security based on my post(s). I DO NOT recieve any compensation in any form (cash or shares) from any company or 3rd party mentioned in my post(s).

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.