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Wednesday, March 02, 2016 2:28:50 AM
I've been the one who has continued to correctly predict this stock while also giving the direct reasons for about the past year.
I exposed that the company had no actual product anymore with their previous auto industry platform. I knew this because I directly worked for the company at the time and watched them take the "assets" away from this company. I said then - the company had no revenue and no services, and that was proven correct last August when they announced a "new direction" to the gaming sector and released updated financials that backed it up.
As luck would have it, I myself had already dabbled in the gaming industry and knew what the deal was with it. I pointed out then while everyone else was taking any fluff they could find that it was a tough industry and that it required development beyond anything their financials showed. They were supposed to release all this stuff within 2 weeks and they never did. Here today, 8 or so months later, I was once again proven correct as they "abandoned" the gaming industry without ever following through on their claims and announced yet another "new direction".
So what in the world are you talking about "zero substantiated claims"? Every claim I've made has been substantiated with time, while all the claims the pumpers have made, such as claiming things like "500%" as being significant have been proven wrong over and over.
So yeah, if you were smart you were selling during these 4's, 5's and 6's. Just like the smart people last year were selling before it maxed out around 8's.
Buy when it's low and sell on the news.
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