InvestorsHub Logo
Followers 400
Posts 48538
Boards Moderated 0
Alias Born 06/20/2011

Re: propickboy post# 29330

Monday, 01/23/2017 4:47:35 PM

Monday, January 23, 2017 4:47:35 PM

Post# of 31518
The stock was heavily promoted the last few weeks culminating in a small run on Wednesday last week. It then fell very hard on Thursday and continued a downward trend the last two trading days. Since that "run" some aspects of the promotion stopped and the frontloaders took their profits. The trading activity suggests dilution is also occurring which is likely correlated with the promotion activities...and that sure as heck isn't "buying demand".