$15 a share sounds good-only in a dream
The baseline for BAYP remains: A company with no cash, no assets, no revenue. Most importantly a recently suspended stock, with the SEC engaged in an informal investigation of what Strickland has been up to.
Is it possible for a completely worthless Microcrap stock to go up? Sure. It happens daily. But what are the missing ingredients for BAYP?
1. The scammers inside have to come up with a scam angle, and issue regular PR pumps about it. Most Microcrap scams don't move much unless there's an average of 2-3 PR pumps per month. The scam angle Strickland was attempting to setup before the suspension was that BAYP was a real estate development company - with no collateral to develop a fish pond, much less hotel resorts. As in precisely the crap that attracted the attention of the SEC. So is a Strickland going to pursue that? That's a "duh" question. He'll lay low, and there goes the regular PR pumps down the drain.
2. What's the supply of brand new "investors" for this stock? As in the susceptible population capability of getting excited over a scam? Is BAYP a new stock in Microcrap ville? Nope. Read my pinned post. Besides the recent R/S 1:100000, there was an earlier one of 1:100. This scam has been around the block a few times. Meanwhile it's in competition with other new Microcrap scams for the so called "investors". Which means the only buying/selling are the retail traders. Playing a game of musical chair chicken with each other in the middle of the road.
3. The liquidity of the float at 1.3M shares is low. Creating a higher price after the recent R/S 1:100000. Penny retail traders don't like trading dollars. Because if they did, they would be trading exchange listed stocks, and not be trading Microcraps. Ideally for a Microcrap to be PR pumped or pumped by 3rd party sites, the O/S=Float should be 200-300M. Providing more liquidity at a lower PPS. Surprise 300M was the number Strickland came up with the bogus shares for debt he cooked up. He was setting things up for a dump later on, but the mean ole SEC arrived first. Now with the SEC looking on that dump is frozen. Which means retail traders have low liquidity with a higher PPS to trade with.
In summary: One has a stock starting at $2 post R/S. Low liquidity, high PPS. No insider help coming with PR pumps to generate "news" to trade off of. No spritely new "investors" buying worthless garbage. Just retail traders playing musical chair chicken in the middle of the road with each other. Trying to time flip trades based on ... feelings. Should work like a charm. LOL GL.
The Jewel of the Mind is Colored with the Hue of what it Imagines
