InvestorsHub Logo
Followers 663
Posts 16596
Boards Moderated 1
Alias Born 02/03/2011

Re: bernardsamuel post# 1317

Monday, 07/20/2015 5:53:46 PM

Monday, July 20, 2015 5:53:46 PM

Post# of 6301
You have to keep in mind this was a merger/shell deal. The person that they got the company from got a ton of shares, that person would have a direct interest in pumping the stock to sell shares regardless of whether or not is was beneficial to the company. The company put out a filing stating that they did not hire and were not aware of the pump. This circumstance that I outlined seems to be the most feasable to me as to what more than likely transpired.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.