Manuka Inc. (MNKA)

[splintered sunlight]

The o/s has only grown 335K shares since the r/s in 2016, that's hardly a monster dilution machine there....lol.


I said I smell monster dilution COMING. Not that it was already done.

It really all depends on why it ran in the first place, if it was a low float pump, in a private Twitter or Discord chatroom, or something, then it will probably go back to being thinly traded....and the daytraders will keep whacking, and move on to the next pump.

If it was pre-merger volume, then on an 8K, depending on whats rolling in, could be back to $2.00 in a few seconds, just like it did twice Friday.

That's just the nature of micro-floats, they can go down just as fast as they go up, at least a merger should give it more legs vs only a pump.

AGREE