Charlestowne Premium Beverages Inc. (FPWM)

[otterman]

The people who bought on Friday probably dont need an explanation. My guess is that most were 'informed' of the coming promo, a buying spree ensued, and the price got a little ahead of itself. I have no worries that anyone who bought at 11 cents will be making money before 6 months is up.

The '1/3' sellers were probably not privy to any promo talk. IMO they just happened to buy in December and now was a good time to get out. They are probably just 'playing' the stock.

You are absolutly correct about the promoters not caring one iota about the investors. A promotion is done for the promoter and friends to make money, no one else. Like I said, tag along for the ride if you dare.

PS - if youve been a part of a promotion before then I shouldnt have to tell you that wild price swings are a large part of it and absolutly necessary for the promoter to do his job. They buy on the lows, promote, and then sell into the hysteria. But again, PTI's hasnt started yet. I think what we're seeing is just preliminary positioning.