Writ Media Group Inc. (WRIT)

[Predictomatic]

@Klbennie

I think the people buying are those taken in my the QualityStock's video. Once again, instead of making a product, WRIT have gathered a few dollars together and paid a company to make a video about what the claim they would like to do (based on past performance and not current ability), which then gets marketed as a recommendation to buy (but only because the company is being paid to recommend them and not based on economic sanity).

The net result was a few hundred dollars worth of sales, a brief jump in the stock price, followed by the usual slow decline.

This looks like a quick attempt to rake in some cash before somebody gets to post the way overdue Quarterly Report which they are so desperate to hide from us. Note that they still don't link to the last one published.