Many peeps that sound down on a stock are former longs that lost money, took their beating, and got out. It's natural to check in to see what's going on with it today and share their experience though. Seeing how the overwhelming majority of penny stocks are garbage, doomed to a fate of no bid or delisting, I think everyone has had this experience. Most traders hanging around IHUB can't short stocks. Not many could afford the type of account that would allow them to do it if they wanted to. I don't think the big money or institutional traders that do short are really worried about what goes on at IHUB. I would suspect they have better resources than that. If you look at a 3-5 year chart on 100 penny tickers, you could have made a ton by shorting 90 out of 100 of them. "Short squeeze coming", "Shorty gonna get burned", this rarely happens. Shorts don't have to bash really, 90% of the time the stock goes down all by itself.
As far as SEEK.....PR's, Paid promos, and CC's filled with promises of a better things to come, these are what sell shares. Real revenue from doing company business (other than selling shares) makes them valuable to an "investor". Sooner or later, even the most ardent supporter should be asking themselves (and the company officers) "So where's the wolf".
If you honestly believe, and believe in SG, then hold your ground and I hope you make a boatload. I don't necessarily think he is lying, I just don't think he will be able to get it done this time either.
