Friday, October 20, 2017 6:55:30 PM
Don’t be fooled by today’s action. This is classic scam behavior. Those bogus press releases no longer lift the stock.... another effective way to temporarily boost the stock is for management to buy, typically on a Friday. Investors will think ‘a run’ is about to start and will be eager to buy at the opening bell on Monday. While the herd of investors are piling and buying, management will be selling.
Don’t be fooled.
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