Saturday, February 22, 2020 8:07:18 AM
This board is supposed to be for sharing thoughts and information, but I suppose this is not a requirement to be nice and respectful. Oh well.
So, a few months ago the stock popped, ie spiked, in a similar fashion to what it just did this week, and then fell back - same pattern - again based on a rumor of a name change. Last time I called the Nevada SOS (secretary of state) and they confirmed that there was no name change. Only thing they had on record was an old name change from 2003 or so. I forget the exact year.
So this time looks like a repeat. Question is who would spend spend so much money on a rumor and not even bother to check it out before investing?
Maybe some individual is trying to corner the market and buy up all the stock because they know something? Or maybe some person starts the rumor and is unhelpful in checking out the rumor so that he can profit from the volatility? Who knows, but as there is no news release I have no guess.
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