in your opinion, who orchestrated the MM pulldown and for what benefit?
No one. Yesterday's and today's action is far more easily explained. And in fact it has been explained several times.
The company, as usual, announced a HUGE DEAL over the weekend. As usual, it failed to deliver any details on Monday. Stock price goes down, despite a Twitter hint that a PR would be issued today. Was it? Nooooo, again as usual. Instead we get another Facebook update from Veal, which was largely dedicated to a silly rant about message board posters and imaginary shorts. Stock price goes down once more.
And this will happen again and again. HJOE management is apparently not interested in meaningful disclosure. If it were, it'd get those financials completed and filed with Edgar. Terry Johnson is far from being the only auditor in the United States.
When trouble looms, management attempts to deflect shareholders' attention with juicy Twitter posts and Facebook rants. While there was some enthusiasm for that at first, it seem the charm is wearing off.
