Thursday, January 24, 2013 10:11:04 AM
SVEN was the victim of a p&d stock promo by a well known group of individuals who do these to many tickers.
I've seen this so many times. They preload, then come in on the day it jumps 200-300% and start pumping like crazy telling people how "huge news is coming" or "next week we'll see 400% gains" or "i'm long and strong here guys".
The day following it pulls back by about 50% and some leftover people are saying how they are buying big for the "epic bounce", which usually never occurs. Most people who buy after the initial run caused by the promo, will end up losing all of their money.
I've seen this so many times. They preload, then come in on the day it jumps 200-300% and start pumping like crazy telling people how "huge news is coming" or "next week we'll see 400% gains" or "i'm long and strong here guys".
The day following it pulls back by about 50% and some leftover people are saying how they are buying big for the "epic bounce", which usually never occurs. Most people who buy after the initial run caused by the promo, will end up losing all of their money.
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