"Don’t ever assume bigger money is smarter money"
Weren't some of them buying thousands of percent higher?! They dont appear to be very good investors... No track record of making profitable trades/predictions that i can find.
This is not my first penny stock, there are always big money guys involved, but this does not mean a stock is a worthy investment for the COMMON shareholders... That is the worst thing to base an investment on. Remember the Batista claims? What about the Chinese investors? Wasn't Allen Simon around when SFMI was trading for multi pennies? What about Paul Parliament and his millions? Hes been around since 2008, right?... how exactly have these people helped the price of the stock?! We've been hearing about this "big money accumulation" for years, yet SFMI sits at .002
People on the inside can get free/cheap shares to adjust their cost averages, along with other profitable dealings... being a COMMON shareholder is very different, we are the ones that get used so the insiders, financiers, consultants, etc can put money in THEIR pockets... the money has to come from somewhere, right?... and they dont care about you or i like they do about their OWN money. They are not in this to help us, its every man/woman for themself in a thinly traded stock. Only a handful usually make money compared to many that had to lose.
What you consider worthy reasons to invest here, i see the exact opposite... These massive blocks being dumped are not coming from common shareholders, into insiders hands. They are being dumped by insiders, consultants (family imo), financiers, etc and going into the hands of the naive...
Why would anyone with BIG money want to buy OPEN MARKET stock while the company is DESPERATE for $$$$ and SELLING SHARES AT DEEP DISCOUNTS NEAR THE ALL TIME LOWS?!?!?!?... These buyers are not savvy, they are accumulating the shares the other parties are receiving for less. Why dont they just fund the company, THE COMPANY NEEDS IT BADLY?! There are too many clues that suggest the picture is not a rosy as you are painting it.
