Agreed
I see it every day. Not going to sell before the reverse split because the company might withdraw it! LOL (IMDS 2 weeks ago)
Not going to sell After the reverse split because the CEO might step down. (IMDS this weekend)
Anyhow, what I was getting at in the previous post, is that you noticed that particular batch of "promoters" seems to be quite inept. I noticed that too.
My theory is that the company (or it's toxic lender) spreads $1000 on the street $50 at a time to "hire" promoters. These "promoters", thinking they are outsmarting everyone, start buying up shares thinking they are frontrunning everyone else.
But the joke is on them as they were given $50 to induce them buy a few grand worth of stock.
They are the marks the company or it's lender are targeting. If their "promotions" bring in any buyers at all, so much the better, but the whole point was to get the "promoters" to buy.
#1). You have money. Other people want it. All of it!
#2). You want easy money. So does everybody else. They'll get it, too....yours! (and all of it!)
#3). You tell yourself you're smart. You won't lose your money. Fact: Other people are smarter,