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Thursday, April 21, 2011 2:45:46 AM
Nothing filed yet and just a PR with some nonsense pump plus a message board post about an up-listing.
The filing thing, what a concept. Easy to file something with PinkSheets, they don't need anything to update their status. PinkSheets doesn't check on anything and requires very little to do much (current accuracy, whats that), so that shouldn't be too much to happen.
But filings with the SEC and other regulatory boards is another story. We've definitely seen "stories" and PR's before with this ticker about them buying or being bought and what happened? Nothing but a forward looking statements from a fluff PR and a bunch of hype followed by losses by shareholders who believed in it.
Sure one can find some ticker to compare with and say "look, this is just like that one and going to the moon", but for every one of those comparisons, one can find a hundred with this kind of candles followed by a dump and big red ones, so that is definitely a "Buyer Beware", going to happen at some point, these pinks always do.
A real bummer for ones who "go all in" at the top or don't take profits when they should. Even "free shares" are not free if one could have got a lot more for them before the downfall.
Still waiting for the filings other than the old played over and over "up-listingp" and/or "audited financials" game with just seeing that in PR's or some pink sheet update.
We'll see how this "run" plays out before the inevitable red candles.
One more razzle dazzle merger for ones pleasure ... or not. Not going to be the first time for BNPD with nothing to follow but a "string along".
Happy trading.
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