Bowmo Inc (BOMO)

[Kaleese]

Some Long term investors don't sell. Once they are sold on a stock, they will keep buying and buying. Even if it starts falling, they will consider it as a 'dip'. If BOMO went down; these same investors won't panic, they will just keep buying. The SP falling after r/s will probably be from new investors who are hopping in for a quick scalp but will get caught with bags. These new investors could be the ones that will drop the sp, and the cycle of buying, hoping, selling, and averaging down will start.

I'll give an example of a stock I was in before. Ticker is TWOH. I bought the stock around .0015, and sold at 100%. Got a profit and exited. New investors bought at top and got caught. A few months later, RS was announced and people believed it to be a good thing. Fast forward; the stock kept dropping, dilution continued, and for a while investors were buying the 'dip'. Now, at pre r/s price, is when they realized it was a mistake. New investors are still buying for a quick buck, but more are getting stuck in it.

The 'shortsellers' is on the management. If you remember from their shareholder letter, they blamed 'shorts' for causing the sp to crash. The management refuses to take responsibility for their laziness, and disappointments. This is why I believe BOMO will go down the way TWOH did.

The catalyst, Reg A, Products, etc. don't matter if management can't get their act together. They have done nothing but dilute this stock into a joke, and blamed it on 'shorts'. They have their fans, but fans can be lost.

Most of the bagholders stuck will get out as soon as they see profit. I don't think anyone will be hanging out with their long term plans. Everyone is in it for money for 'themselves' and not for the management to give themselves 100k salaries.