Easton Pharmaceuticals, Inc. (EAPH)

[eelfland]

EAPH insiders have (or did have) 1.67 billion shares on deck, ready to dump into retail. That's a lot of volume for EAPH; enough to overwhelm normal retail volume for months. Details are stickied. We don't know how many more shares they've authorized and issued since then. Those shares are liable to show up and go into the float anytime there's a bid. Combine that with EAPH's failure to deliver on any of its forward-looking money-making schemes over the years, and you've got a stock that's good to leave alone, at least for nearly all the time. There are innumerable dilution scams just like it out there.

Obviously, though, people can get excited and fads such as the marijuana thing come around, especially in the OTC/pink market. Anything can happen, at least for a few days at a time. That's how scams like EAPH stay in "business" and why they're Ps of S, as has been discussed.