MediaG3 (MDGC)

[Cassandra]

This looks like a trading group working together to create momentum, even with bad news regarding the valuation of the patents, how much CCOP paid for them and delayed financials.

These momo runs can soar for a time, but if it is trader-driven, the price retreats as they are only in it for a flip. Longs sometimes buy into these runs as well thinking that good news must be coming and they tend to hold even if the PPS retreats.

MediaG3 puts out PRs to drive buying but none ever prove to be true. It appears to be blatant fraud. IMO MDGC is a very risky stock to hold as it could end up suspended for false and misleading PRs, financials, websites, etc. at any time.