Tuesday, August 14, 2018 10:02:45 AM
The stock is being pumped up so that the holders of that debt may convert and sell shares for much more than the debt itself.
That's generally what penny stocks are all about. The more buying they can generate the more money they make selling shares.
Any time you see a message board like this filled with only positive comments - it's a pump. The real world gives us nothing that is 100% positive, unfortunately. The purpose of all the positive comments is to induce other people to buy, so that the toxic debt holders can sell. Otherwise, what is the purpose of posting all day long? If the stock is as undervalued as they say, it will rise without the incessant cheerleading.
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