InvestorsHub Logo
Followers 15
Posts 1915
Boards Moderated 0
Alias Born 09/27/2020

Re: redspeed post# 95752

Tuesday, 03/26/2024 1:08:25 PM

Tuesday, March 26, 2024 1:08:25 PM

Post# of 96975
So, just from a practical standpoint, if I was going to acquire that many shares, the very LAST thing I'd do is announce it publicly to a bunch of investors. If the intent was real, acquiring that position under the radar would results in less of my money invested to acquire the position. No one wants to overpay for shares when they don't have to. One would expect the increased demand to move the share price higher, but not as high as adding in the demand from a bunch of message board readers who conclude they can mortgage the house and make a fortune on MONI shares.

That alone should be enough for the reasonably intelligent person to realize this is a pump and dump scam. No one in a position to acquire that many shares would announce it that way prior to the transactions. Only fools and naive investors would fall for it, their reasoning clouded by their visions of $$$ and zip code changes.

As one unlicensed analyst from JWP Incorporated would put it: BUY BUY BUY!!!. and MONI will surprise.

MONI surprised all right. My condolences to those who followed that advice. 💩