Friday, June 02, 2023 1:12:36 PM
When stock start to become stale before the dilution the company associates will buy $100 worth knowing no one will look at the volume trying to fool people into thinking they missed the boat.
Also they do that to move the shares UP higher before the debt dilution so when the stock tanks, investors can say what if it goes back to $1.92 and they buy more cheap diluted shares.
If a pump and dump started at $.01 and the priced dropped people won’t think it can go hither so they move the shares UP higher knowing people will buy more cheap shares thinking they will make that much more when it goes BACK to $1.92
The bid is only $1.18; if someone sells even one share the posted price will drop in half.
MJ
Cannabis is HERE TO STAY! It’s the pump and dump scams that are in free fall that is also passing that decline to legitimate cannabis companies. When the smoke clears cannabis companies will survive that are operational while the scams are cleared out.
Recent SGMD News
- Form 8-K - Current report • Edgar (US Regulatory) • 10/19/2023 08:54:54 PM
FEATURED ZenaTech, Inc. (NASDAQ: ZENA) First US Trial of IQ Nano Drone for Inventory Management • Oct 15, 2024 8:21 AM
Kona Gold Beverages, Inc. Announces Strategic Progress and Corporate Evolution • KGKG • Oct 15, 2024 9:00 AM
One World Products Secures First Order for Hemp-Based Reusable Containers, Pioneers Renewable Materials for the Automotive Industry • OWPC • Oct 15, 2024 8:35 AM
CBD Life Sciences, Inc. Announces Strategic MOU with U.S. Armed Forces for Groundbreaking Mushroom Supplement • CBDL • Oct 15, 2024 8:00 AM
HealthLynked Files Non-Provisional Patent for AI-Powered Healthcare Assistant, ARi • HLYK • Oct 15, 2024 8:00 AM
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM