Bowmo Inc (BOMO)

[DFYSW]

This is walking such a fine line though! Maybe a more charitable explanation of today's dump (massive sells into strong demand) following the weekend's high-profile retail pump (starting one minute after market close on Friday) is that a necessary funding is underway, which still would call into question the public statements made by insiders who by all accounts would never engage in unethical behavior.

I don't believe the carried UHLN losses are from operations (so no NOLs), but if there are NOLs there will be change-of-control conditions that would have to be met to preserve the NOLs. Maybe these sells and the effort to pump up the share price to absorb them are part of a misguided effort to do that.

But in a subpenny issue this type of public engagement and trading is almost always an attempt to fleece retail, who almost always believes their play is the exception, which is exactly why P&Ds almost always are so successful. Of course, exceptions do exist, so on which side of an increasingly fine line do the known facts suggest UNLH falls?