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Alias Born | 04/17/2013 |
Thursday, April 05, 2018 2:21:29 PM
Has nothing to do with it. If you have a 6 month lockup, then the sooner you get the clock ticking, the sooner you can be out of that period. And he's converting at $0.08 so 'more money' when it's still under trading range is meaningless.
Capital gains, income tax.. doesn't matter.. of course this stock will go up again. It's just we disagree on why it will. I think it will go on until the day people stop funding these scam artists. Until then they will try and suck money out of this as long as people give it to them.
But not the long term? We agree then. Look, this is an extended pump and dump where these guys will change out like they always have over the last 1.5 decades, and bump the stock over and over again as long as there are suckers to buy the paper. Why would they stop? OF COURSE this will bump again... that's the point of guys like these. OF COURSE he expects it to do so. It's meaningless in that perspective.
Anyone can search back for years and see the same thing said over and over and over and over again about how generic insider <insert name here> is showing confidence in <insert product name here> product in this stock. How often in the last decade and a half, and over a hundred million wasted/blown has an insider bought or converted? Why is this time different after 2 failed tests and market indifference?
laughable.
What expertise do you think the good doctor brings? If anyone gets the sniffles he's on hand? He's probably there as a cash cow. One of the more wealthy of the 'independent' directors, and more than likely clueless about the tech to question it. But hey, he can tell his peers he's on a board and has an 'inside track' on the greatest use of a tube of steel since the Elektra!
Nimmo conned many into this thing. How do you think these things work and stay alive?
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