BioRestorative Therapies Inc (BRTX)

[trader59]

Some pump and dumps "run," don't they? It has nothing to do with fundamental value, but everything to do with the imaginations of OTC investors, how good the fairy tale is and how well it is sold. Problem is the wheels always fall off because the foundation of the valuations is, at best, on very shaky ground. When a "projection" is done, it implies valuation of the company, not the peak price of the stock before the dumping begins. Those are 2 very different things.

This one had a market cap of about $12M when it completed its first trial and before it went into the ditch. That's back when it still had potential and didn't have the baggage it now carries from the failure to find funding. At that market cap, this is a $0.0075 stock, and that's before the shares are awarded to the unsecured creditors. Any suggestion that this failed company should have a value higher than it ever was while in bankruptcy is just hype and fluff.

For the examples cited (and ignoring the likely hundreds of targets missed), PTSC may have traded at $2.20 per share 20 years ago, but has hit a penny just a few times in the last 3-4 years. ADZR was a scam that was revoked by the SEC. VKNG "ran," then crashed, and was bought for 27 cents per share in 2012. So, as stated, pump and dumps run, they go up, then come down, leaving bagholders in their wake wondering why the "projections" didn't hold.