InvestorsHub Logo
Followers 2
Posts 605
Boards Moderated 0
Alias Born 04/06/2006

Re: None

Tuesday, 12/11/2007 11:39:58 AM

Tuesday, December 11, 2007 11:39:58 AM

Post# of 6752
Quite unbelievable, in less than 2 1/2 months they have managed to drag the stock down to this level - now management will have major issues trying to convince the market and retail investors that they can be trusted going forward. Maybe they don't care, this feels more like a smash and grab than a pump and dump.

Once a stock hits .0001/2 it is extremely difficult to recover to any decent level and the MMs usually only reserve this price for companies with an o/s and float of considerable levels.


GM

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.