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Re: None

Tuesday, 04/16/2024 4:56:32 AM

Tuesday, April 16, 2024 4:56:32 AM

Post# of 40974
From the ST board (seems pretty accurate):

10000 invested In TSLA at ipo is worth 1.5 mil. 10000 ivestwd in this scammy penny stock at it’s ipo is worth about 1 penny


From me: buyer beware. Look at the accuracy of poster's words (rather than his or hers self-proclaimed understanding) before delving in here. There's a reason the poster from ST chose to compare Tsla with Sint. Suggestion: follow ALL posts (not just Sint) from posters, when trying to determine accuracy in their supposed understanding. Stocks trade the way they do for a reason; they don't trade based on subjective reasoning. Sint has had a pattern since they have ipo'd and has not deviated from THAT pattern.

Not only has the stock plummeted from inception, but the company has had a history of NOT delivering AFTER announcing BIG news. They are on the verge of yet another major reverse split (minimum 1/100 according to THEIR own news release); undoubtedly in part, due to their own embellishments. This is less than 18 months since their last 1/100 reverse AND if price remains as is, this upcoming reverse will produce a new price even LOWER than it did after the last one....and you see what has happened to the share price since then. And this (lower initial price) would be AFTER a 1/300 reverse compared to the most recent one of 1/100! Pretty dire, don't you think? Hopefully, nasdaq will see through the charade this company has been playing and will put an end to the 'normal' trading before new investors are defrauded.
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