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Monday, June 14, 2010 10:39:13 PM
Lets say 5 Traders who got in around .0009 last year and own about 25-30 million each ($25,000)(causing a low float as well). Some others got in too but not as much. When EXPH popped around .014 because of profit (I believe around July 23), these Traders started talking all kinds of things to take this stock higher. Luckily, the Conference call was announce and everything was explained in details.
A master plan was to pump it as high as it can get till Sept 15. These traders collaborating with each other (Private Messaging of course) then dumped all their shares at the same time causing a huge PPS decline (selling at bids).
These traders then accuse JD for everything and each of them made 6 figures.
My guess is as good as yours no? We both have no proof. But I do read message boards and I take in clues. Some said they made huge money, some said I can't believe you didn't sell, and some said I even PMed you...etc....
What happen to the banks lending to legitimate businesses or that EXPH deals with fortune 500 companies, etc....????
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