Friday, August 17, 2018 2:40:32 PM
It won't be 1 press release and then a dump. It'll be a multi day event where the share price is juiced so much it sucks in curious day traders and uninformed casual investors.
It's not unrealistic to see this spike from it's current levels to $4-6 per share before it craters. Could even be higher given the low share count, even if more shares come onto the market.
My personal favorite was MGTI. Went from about $1.6 in Nov 17 to over $7 in less than a month on blockchain hype. It's back at .65 or so today.
If they took all the money from Fife, and he is as unscrupulous as he seems, he'll not only dump his equity as it rises but he'll short on the ride up.
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