Andiamo Corp. (ANDI)

[Lonewolf1]

I don't believe ANDI is being shorted - it would be silly to short it at this level IMHO.

ANDI is simply being diluted by insiders (all last week/5 red days) in order to raise cash for support of operations.

This is after all, the OTC and ANDI, even if it has a promising business, is no different from other OTC stocks. How else would management raise money to continue operations?

Dilution, to some degree is to be expected, as long as they also let the price breathe somewhat and allow it to recover.

Most of us have seen cases like PTOP, IFXY (recent examples) where the price was decimated from the highs and then simply diluted daily with the price trading very low for weeks and weeks and not allowed to recover to any appreciable degree.

I don't think ANDI is such a case as above, but the next few weeks will tell the tale. We are certainly due for a reversal after five consecutive red days. Not bashing here, just trying to paint a realistic picture.