Tuesday, July 12, 2016 10:40:07 PM
1) I defamed nobody; I have discussed facts and my opinions of those facts.
2) WHAT is not going to happen?
Um, the SEC doesn't shut companies down for being "that bad"; they fine and delist companies that do illegal things. Companies go out of business all the time.
Hasn't happened yet; I think this is just the first step. Now that Rohan has distanced himself, they'll give a little time before the full yank.
JAMN is way behind on their payables. MP cannot be happy about that. There's nothing to "walk away" from at this point.
Every time I think they're going to go bankrupt, someone seems to save them. I really think they've overextended themselves this time. Sales are flat; they've got a bunch of debt.
If you're "still buying", you must have lost a lot of money at this point! What's your average share cost?
I've never bought nor shorted the stock. Never. Not once. I started seeing the ads in the pump-and-dump days and started following it for fun. I've followed it all these years, reading the analyst reports that have the fine print saying that they were paid to prepare the reports. Every time they're in a bad position and I think it's over, they get a loan or financing from someone. Yes; I've missed out on some run-ups that they've had, but I've always thought that the risk was way too high.
The stock is at 7 cents; how much lower do you think it could go for someone to make a deal?! It would only make sense if I thought there was good financing waiting in the wings. Remember Ironridge? That saved the company, but it was a terrible deal that cost JAMN's shareholders a lot of money.
If you're still buying, then you're not paying attention.
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