ScripsAmerica Inc. (SCRCQ)

[Tinkerer]

Float lock down talk is not for scams. It is common sense that the less float, the more volatile will be the stock and any good news will cause it to fly higher than it otherwise would have.

I agree the financing is not ideal, but what financing is? All financing is temporarily unpleasant, no matter the price of the stock. If a company whose stock trades at $70.00/share announces a public stock offering of 10,000,000 shares at $45.00, the stock will almost always immediately drop to somewhere between $40 and $45 for a while. Who would sell at these prices? Plenty of people! Does it make sense to sell at $40-$45.00? Oftentimes "No." If people would just wait, the price would slowly rise back up to previous levels. Why do they sell at a large loss? Emotions.

Stocks prices are driven more by emotionalism and sentiment; seldom are prices driven by fundamentals. If stocks were driven by fundamentals, then every single stock would trade at a 1:1 Price/Earnings ratio.

For those in SCRC, enjoy the ride. For those not in, cheers to you.