Saturday, April 24, 2021 2:54:31 PM
Personally, I hope they are exonerated, HWIN and EWST are really two of the few bright spots in a pretty dismal OTC new issue/IPO type market. HWIN started trading @ $1.00 and EWST .02, so both were big winners for early investors, who like to trade newer OTC stocks. Granted they are thinly traded, but have been overall just very solid plays, no pumping or dumping, or any other nonsense, at least that I can see from a trading perspective.
I guess some out there may see 'manipulated charts' but to me, it just looks like smart sellers.
Be interesting to see what happens, I hope it goes well for Coker and Co. but if the SEC looks hard enough I'm sure they can find red flags on pretty much every OTC company out there. Whether or not that happens remains to be seen.
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