Sunday, June 24, 2018 2:00:33 PM
Don't sweat the noise on here(or the noise makers). They want shares and/or want to cover short positions. The last sideways channel was from .007-.009. They would have to sell their remaining shares above that price to profit, and then form a channel from .008-.01, or above, in which the available shares would be thin.
I'm guessing they caused the selloff at .0269 to drive it down. Then, they reserve another few tens of millions of shares between the group. Once it appears the selling as dried up, and buying seems slow, they bring in a group to hit up the message boards with old news and misdirection so as to circulate fear. Once their info is posted, then they sell off their own remaining shares, which fools longs into thinking the selling is from other longs who believed the noise. This is when they buy or cover. They may do the same thing on news. Wait until the news hits, then sell their remaining couple of tens of millions, trying to cause doubt. Rinse and repeat until it doesn't work for them. That's okay though. We know what we own here, and price shakes and riff raff aren't going to scream as loud as the book value of the company on filings. Call Google or Apple a scam all you like, but revenue is revenue is revenue, and when against a low share structure, there is an inherent baked in value that can only be swayed so far in either direction. That baked in value is what I am here and holding for, not the daily price swings.
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