![](https://investorshub.advfn.com/uicon/737143.png?cb=1589118352)
Friday, October 21, 2022 6:18:57 PM
The only ones making money are the ones selling on the decline, the shorts and the company all at the retailer’s expense. Why you ask? Because for every one person who makes lots money, 1000's have to lose a little. As the price drops the shares increase to regulate the money coming in regardless of how low the shares drop to, they just have to add more to the float.
At $.10 per share, if they sell 200,000,000 shares before the dump, they make $20,000,000. At $.001 per share they sell 20 billion shares. The money they make is the same simply by selling more shares for less to retailers. You lose they win.
The less there are of the ones who actually make money means more money split between less people. Any belief the price will rise so you can make a profit means 1000's of others will attempt to do the same. When that happens only one or two will be able to sell some of what they own before the market makers kill the price below profitability, meaning you and the others retailers will never make money.
And remember the large volume are shares issued to the market makers from the companies debt dumpers that are sold to the MM's for far less then the price you see on the bid so there is no reason for the market makers to buy your shares when they can get an unlimited amount from the debt dumpers for much less.
And the market makers diluted these shares to make quick money so why do you think they would ever buy your shares back that they cannot resell on the asked.
It’s the cycle of these tickers and anyone buying into the declining price to cost average or maybe get in initially after the dump will never make back a profit. But I do think retailers just want to see they own 10,000,000 shares for $1000 for some odd reason it makes them feel alive or what if and if only.
Same as when buying a lotto ticker. HOWEVER! Have you ever bought $1000 in lotto tickets when the jackpot is only $10,000,000? Never! Maybe $5 more or less because in the back of your mind you know if you did buy $1000 to win $10,000,000 it won't happen, so why do the same people invest $1000 into a scheme stock that you don’t even have a chance to win like lotto.
You have a better chance to win LOTTO then an OTC pump and dump stock because the pump and dump is not a random number, its a planned calculated way to STOP you from ever winning or making money.
It’s the same as you buying a lotto ticket with 6 numbers and one of the numbers you picked is 95 but the lotto only goes to 50. You would know for sure you will never win the big prize. That is what OTC pump and dumps do. They remove any chance of you winning.
Hope that helps with your question.
Element79 Gold Corp Appoints Warren Levy to Board of Directors • ELMGF • Aug 28, 2024 9:51 AM
Integrated Ventures Announces Strategic Entry Into Health & Wellness Industry with Focus on GLP-1 Products • INTV • Aug 28, 2024 8:30 AM
ELEMENT79 ANNOUNCES UPLISTING TO OTCQB VENTURE MARKET • ELMGF • Aug 26, 2024 10:03 AM
North Bay Resources Announces Gold Assays up to 2.2 Ounces per Ton, Fran Gold Project, British Columbia • NBRI • Aug 26, 2024 10:00 AM
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM