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Monday, May 08, 2017 7:47:12 PM
The owner promised free shares and THAT'S why...
The MM's are just trying to get cheap shares and THAT'S why...
The daytraders are just making beer money and THAT'S why...
MUST be naked shorting...
Just the stops being taken out, THAT'S why...
Here's the deal: like it or not, find some BS alternate justification or not, nuance it any way you'd like, whatever - the company set a false expectation with their PR. They implied news in two weeks. THAT'S partly the reason why the price exploded. The RM news AND financials - BOOM.
Now, it's become a credibility issue. It looks like a scam now.
But...But...But....they actually said they "intended"...... Who cares. That's not what people read. They should have said nothing at all. At BEST, they should have said "in the near future" or "as soon as possible" or some such other meaningless mush. The expectation was set for two weeks whether they intended to intend or not. People hung in to give them the benefit of the doubt. Now, their patience is gone.
Hopefully, this company has learned its lesson.
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