Deja Vu all over again
Now there is ANOTHER poster who claims to have called the company. He says he has received information that ANOTHER fantastic PR will be released very soon that will raise the PPS.
Posting those kinds of things will only tank the stock further, if it has any effect at all.
The damage has already been done.
Another example:
Look at CFRI. A company that is about to release final testing results within a few weeks on a new shipping container that will be sold Worldwide to the entire Shipping Industry. A massive market, and their product will be superior to anything else out there. BUT....
CFRI was the victim of a Pump 'n Dump scam awhile ago. Massive emails were sent out everywhere. In a matter of days, this pennystock was trading in the Dollars! Then BAM! the Pumpers sold, leaving everyone who had been interested in this stock to sell at a loss. It went back down to the pennies, and now has almost zero volume.
The fact that CFRI is a genuine company with an excellent product about to be released, with pre-orders makes no difference now. The Market has lost complete confidence in the company. Everyone that had previously shown interest is now pissed off. The only thing that matters now is absolute proof of higher profits from the container sales. I bought the stock near the bottom because I believe in the company, even if the rest of the Market doesn't yet. But the damage was done. even though CFRI shoud be trading much higher right now, it won't until they prove themselves.
I think the same thing has now happened to ATWT, although not as severe. But some damage has been done. It will continue down until the Market values it to it's present potential or lower. Why lower? Because extra risk is now attached to ATWT because of the misinformation that caused the Pump 'n Dump.
After all, we ARE talking about microcaps.
IMHO
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