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Wednesday, November 17, 2010 10:16:55 AM
1. CDIV stock has crashed over 95%
2. A major metropolitan newspaper, the Seattle Times, has been writing negative investigative articles in its business section about the company, suggesting that it is nothing more than a pump and dump run by a former Vancouver stock promoter.
3. The company's products get terrible reviews in Apple's App store, its only source of revenue.
4. Last Quarter, the company reported a meager 300 dollars in sales.
5. The last reported short interest in the stock from FINRA was about 1500 shares short.
Bull's case on CDIV
1. A message board stock promoter named Jerry Williams, who bought an airplane with the money he made dumping stock into newbies on IHUB and who claims to have a PHD that no one can verify, says this is a good buy because it has gazillions of airshares being sold into it by mysterious hedge funds and market makers. These Hedge Funds and Market Makers are so secretive that there is no record at all of their short selling activities. Williams is also being investigated by the SEC for his involvement in another pump and dump, EIGH. Williams has not posted on CDIV since last June.
Yep. It sure looks like a heck of a buy to me (NOT)
We are apt to shut our eyes against a painful truth... For my part, I am willing to know the whole truth; to know the worst; and to provide for it. --Patrick Henry, Patriot and Hero of the American Revolution
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