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Re: Ognib post# 1137

Wednesday, 12/31/2014 4:55:02 AM

Wednesday, December 31, 2014 4:55:02 AM

Post# of 8579
Ognib, your post #1148 answered your own question to me about the historical "pump and dump," and if you Google FINRA and "pump and dump" I do believe you will see their recent alert about the likelihood of additional such schemes. Actually, I just did the work for you, so see http://www.finra.org/Investors/ProtectYourself/InvestorAlerts/FraudsAndScams/P602197

But to be a bit more balanced here, it does appear - as one follows this Board - that this is a real company with real products, growing sales, physical locations, etc. But that doesn't mean that the family management in place can manage all the challenges that come with rapid growth, such as how to finance it without "giving away the company" via dilutive financing.

This Board tends to be populated by traders even more than longer-term investors, and the traders would believe that the upcoming reports of rapid growth coupled with the end of year-end tax loss selling will give the stock a good push. That may very well happen. The "pump" part of the next pump and dump (if there will indeed be one) will also give a short term boost to the stock.

But timing is everything with this stock, and it is very hard to out-smart everyone else. I wonder if anyone but market-makers actually picked up the stock at its low of .006 and truly has gotten to enjoy the more-than-doubling of the stock price from its low. I'd wager that far more people got in at anywhere from .30 and up, and are not happy campers right now.

Good luck in whatever decision you may make here!