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Wednesday, August 24, 2022 10:15:02 AM
It has nothing to do with a orchestrated dump by a group. It has everything to do with the fact that for weeks it has been said that the first acquisition was going to be a $100 million revenue generating company and it turns out that it’s only 5 million.
Shareholders were watching closely to see the market reaction to the acquisition, ready to dump at any sign of a sell off.
Then, there was the pre market dump that should never had went through premarket. After that, panic mode set in and when market opened, folks started dumping and a major chain reaction occurred.
Recent ILST News
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Kona Gold Beverages Reaches Out to Largest Debt Holder for Debt Purchase Negotiation • KGKG • Jul 17, 2024 9:00 AM