InvestorsHub Logo
Followers 8
Posts 728
Boards Moderated 0
Alias Born 06/25/2013

Re: prvtinvestorv post# 6751

Wednesday, 03/23/2016 11:43:44 AM

Wednesday, March 23, 2016 11:43:44 AM

Post# of 9346
I Doubt ATDF Is Buying In Front Of You

If your friend is right, the stock should be a legitimate penny stock. However, there are no filings and no one knows where Ironridge stands with shares. Another mystery is VFIN, who just appeared on the ask. Who are they selling for? If you want 75 million shares, they might dump them to you in time as they have millions and millions of shares.

If your friend thinks VELA is valued at 4 million and if VELA's share is worth 150 million, the stock should be worth 35x more, not just 20x. But again, there are no filings. There is a court case that has a pending decision. No one knows what Ironridge's role is anymore. Once those questions are cleared up, this could potentially explode. Until then, there is no basis for price movement.

Also, China Mobile is totally separate from China Motion Mobile. China Mobile is state-owned.

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.