I mentioned that a major article could and probably WOULD be written about this.
Think about it, some little junior comes out, INFLATES way beyond its means, because they pulled some stunts,after running out of free trading paper and trapped the usual suspects of shorts. That is my opinion and take on what happened here.
Not only is there an opportunity for bigger funds to make a killing on the short side, they have an extreme interest in nipping LEXG in the bud, to protect their other established LITHIUM companies from damage control to their image.
From a junior junkie standpoint, its fun to watch cowboys/anomalies like this, but it has far reaching consequences and impact. It makes this industry even more scrutinized, more frowned upon.
With major corporations tightening things all the time, so as to limit any possible competition from the outside, organized car crashes like this, do nothing for the already shaky future of the junior stock industry.
The media working with firms/business goes on, in my opinion, a lot more often than anyone here could possible imagine. That is my opinion.
In my opinion, there are lobbyists, behind the scenes in the media business, gathering stories for their clients, a la Jack Abramoff, packaging everything on behalf of their clients, allowing the lazy media hack, to merely sift through options, before submitting.
9/10 media articles are in this manner. All, ahem, in my opinion.
