Friday, October 24, 2014 11:07:34 AM
How are they getting burned? MRIB dealt out millions upon millions of shares at $.001 and less. Selling at $.003 theyre tripling their money at minimum. Seems to me the only ones losing money are those holding from anything in the last 10 months and those buying at 10% premium on what they think are cheap shares. The zero basis holder simply come back and hammer them, triple their money and leave the poor fool who paid the premium holding the bag. Then they sit back and wait for the trades from the cheap seat bring the price up $100 trade at a time and then WHAM!
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