InvestorsHub Logo
Followers 25
Posts 7078
Boards Moderated 2
Alias Born 06/11/2020

Re: Birch69696969 post# 104014

Monday, 08/17/2020 1:36:16 PM

Monday, August 17, 2020 1:36:16 PM

Post# of 112647
Wow, look at the first week of July to see what I'm talking about. Nothing from the company and minimum volume and chart activity. This is still coming off the July two week promo blitz sponsored by the company who off loaded in excess of 100 million shares. Below is and excerpt of an article about such schemes as this. Sound familiar?

https://www.qualitystocks.com/market-basics/analysis-pump-dump/

Analysis of a Pump & Dump

Always ruthless and usually within the penny or microcap market, pump &

dumps are performed to artificially raise the trading volume and often

the price of a stock (“pumping”) through a campaign of hype which may

include misinformation and/or misrepresentation. This enables insiders

or other large shareholders to sell their stock (“dumping”). Naïve

investors purchase the stock and unwittingly create a façade of

legitimacy. This can entice even more people to believe the hype and buy

even more shares.

Once the schemers have sold their shares, the pumping ends and the share

price plummets. There is only one reason that penny stock insiders spend

money to promote their stock. It is so that they can sell their own

stock. Often, deceived investors will buy into the story that, “We’re

just trying to increase shareholder value.” Well we challenge anybody to

find a penny stock that has been the subject of an aggressive stock

promotion scheme and has been able to maintain its increased share price

for more than just a few days. The share price of a promoted stock will

obey the law of gravity 100% of the time. There is only one way to

permanently increase shareholder value and that is through hard work

and legitimate results.

T
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent ATDS News