SPO Global Inc (SPOM)

[sorsorsor]

It’s definitely not short covers but dilution. I know how it works, sell a big volume then buy a little to higher the price, then the next day could sell another big amount of shares at a higher price or the same price. Day by day they dilution all their shares. Based on the information undated on the otcmarkets website, the free trade shares has already been increased from 33m to around 154m by the end of Aug. and now another 35m added on 154m which is around 189m now. And the newly released 35m have not been sold yet(or maybe dumping from now). In this case we will see much lower price soon.