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I can't figure this stock out.

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4Godnwv   Saturday, 05/05/18 01:16:24 PM
Re: swampboots post# 838
Post # of 910 
I can't figure this stock out.
It laid dormant at the bottom of my failed penny play folder for years.
Then, about 6-8 months ago, it started getting jiggy.
I added a good size block to my pile of ashes at around a penny.
A couple months back it just took off to around a dime (high of .15) on a couple million shares.
Rumor mill started pumping.
The CEO stepped in with a rumor killing promo and killed the run. Sounds crazy, but perhaps the 'investors" were not done loading? Just strange.
Since then it has fallen back to .03 and trades around 30k shares every couple of days.
Since these things don't report, God only knows what the share structure is and who is loading shares pre-promo. (I assume one is coming)
These things trade on dreams, rumors, smoke, and coffee so I expect it to take off one day and run to at least a quarter. Heck, they accidentally ran it to 15 cents, LOL
Not sure if the CEO is a genius or an idiot, but 99 out of 100 never produce anything but stock certificates.
Place your bet.

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