So I just got home from work. This blows, to say the least...WHat caused this? A PR or something?
But it sure reminds me of this other stock i was in a month or so ago. Had great plans... Just like here. Things were looking positive.
This other company put out 2 great PRs a week for a couple months. 8am, like clockwork. Then we get the 2nd quarter financials, and not only are the numbers horrendous. The OS was doubled...Conviently, the financials were put out about a half hour after close. And it gave everyone a whole night to see it, and freak eachother out. I got pissed, and put my sell order in the night before. Took a 35% loss...
And about 2PM that afternoon. They put out a PR that twisted numbers around, and it closed 200+%...
Funny. None of the other LEGIT PRs made the price move... It was all orchestrated...
Similarities here... Is that the shares dried up. Nobody was selling. And the buyers didnt want to pay more. Volume went way down... So the only other way to get people to sell , is a panic...
sO what actually caused the price drop? A PR? A court doc.? What was it?
