CMG Holdings Group Inc (CMGO)

[Imagineer66]

Penny stocks respond to news items.

Let's be serious. Who would find this stock otherwise. I think it's a well run company and the PPS should be much higher BUT, it's not getting any eyeballs. The Efficient Market Theorem is absolute bullshit. The market is emotionally driven, period.

So, why isn't the stock price going higher? It has nothing to do with the fundamentals, it has everything to do with the fact that it is not exciting the emotions of a lot of people. Mainly because it's lost in the crowd. When did it spike? When it made the Hot! section. Why did the price drop? Because all of those carnival goers went away.