Charlestowne Premium Beverages Inc. (FPWM)

[otterman]

"it would almost be impossible to push this thing anywhere near 1.00, at the current state of development".

You forget this company once sold for $2 a share, with the same BS(?) stories coming out. That is why I say they need something concrete to occur if they really want to capitalize on share dumping.


"if they drive the price past .04 cents they get the stock thrown right back at them"

How do you figure 'right back at them'? Once new stock is issued the company doesnt buy it back on trades, it is bought by other investors.


"The principals have hundreds of millions of shares available, that they can dump at .03+ cents, for huge money in their pockets"

100million x 3.5 cents = $3.5 million, divided by how many parties? Hardly big bucks. 100million shares at $1 = $100million - now thats big bucks. But I guess if its free money...although it is costing them something to duck and cover their asses all the time eh?


"why let it get too high and let others have a chance of dumping."

Because 'other' shareholders coming and going is what drives stock prices up. There is always someone who thinks a stock is worth more than it is now. But if you suppress it on purpose, then you never have that opprotunity. All they have to do is hold off on dumping and they will see what happens.


In the end Hasher, I just think these guys are missing out on the bigger opprotunity.