InvestorsHub Logo
Followers 0
Posts 38
Boards Moderated 0
Alias Born 01/12/2019

Re: maximumgriff post# 11329

Friday, 05/08/2020 6:23:31 PM

Friday, May 08, 2020 6:23:31 PM

Post# of 13306
Notice that the ships were purchased from the company's President? What do you think that says? He is pulling cash out of the company after shares are sold to raise cash. He will keep selling shares, diluting the stock causing the stock price to go down, doing a reverse split, selling more shares, pulling more cash out of the company, etc., etc. Look at what happened at Dry Ships. Exactly the same thing. The President of Dry Ships after all of the debt was paid by the continual stock sales and reverse splits, bought the company really cheap. Whenever the insiders do deals with the public company, look out. Do you think they are more concerned with the shareholders than their own personal interests?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent TOPS News