Blue Water Global Group Inc fka BLUU

[MikeyInTheD]

To add to the last post...I can provide 2 examples off the top of my head when this occurred - ICLD and WDBG. I am not promoting those stocks and referencing only to demonstrate how this “well intentioned new owners are going to give free money to legacy shareholders” idea plays out. Look at the 3 year charts of those stocks. The spike occurs when randomly news come out of a dormant company that someone is interested in resurrecting the company or ticker. People assume their shares are now worth pennies, or dollars if you listen to some posters on the boards, rather than .0001. Without fail the hype dies down when no future announcements come or new capital raises will wipe out 99.4% of the minimal value of the company as was the case for WDBG.

I’m not saying you can’t make money trading on the hype but please know when to lock in some profits because this stock will not be worth more than 0 even if someone is willing to pay more than that for it.