Friday, April 28, 2017 10:47:23 AM
If Google stock fell 30% after a call, you could deduce the market has spoken. Not on a penny stock where cheap shares from debt conversions became available for sale and can temporarily influence the market.
For example, if I had 3m shares recently come available for sale with a cheap cost basis, I could depress the KRED market easily until they were all sold. Id especially become an aggressive seller when volume was increasing. Remember these lenders are in business to make profits. They dont care much about fundamentals... its just a transaction
Apples and oranges
PickleJar Debuts Nationwide Contest With Brian Kelley for Fans to Win a Three-Day Bahama Cruise • NREG • Jun 3, 2024 8:45 AM
ILUS Provides an Update on the Binding Term Sheet Signed with Actelis Networks (NASDAQ: ASNS) • ILUS • May 31, 2024 12:52 PM
Element79 Gold To Provide Summary and Update on Active Exploration Program, Community Relations at RMEC on June 4 • ELEM • May 30, 2024 1:18 PM
Branded Legacy Secures Exclusive Extraction Partnership with One of the World's Largest Kava Distributors and Producers • BLEG • May 30, 2024 8:30 AM
ECGI Holdings, Inc. Announces $2 Million Debt-to-Equity Conversion • ECGI • May 30, 2024 8:30 AM
North Bay Resources Reports Assays up to >25% Mg, 0.1% Ni, 0.1% Cu, 0.01% Co, 0.3 ppm Pt at Tulameen Platinum Project, British Columbia • NBRI • May 29, 2024 9:03 AM