Sunday, March 02, 2014 2:56:21 AM
Absolutely plausible. Many publicly held companies trading in excess of $100 per share also do this. That is what the stock is for afterall... they sell little pieces of the company to operate and reposition.
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Should we treat a small company with some kind of contempt for mimicking a bigger corporation?
Consistently right again as you have stated on numerous posts. It definitely could be true or could be untrue or some where in between... it definitely could be true... could
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It could also be true that the shares were restricted and not tradable. Ok, so for the sake of argument, let's just say they are dumping... once again this action can be seen in companies trading in the hundreds of dollars per share.. Is selling shares to finance considered "dumping" in their case? Or does the "penny stock" stigma require a double standard?
Don't really know who the pumper(s) is/are since there is no current promotion. If the company is dumping, would they be able to do it without someone to buy the shares? It's not as if shares can be moved without both a buyer and seller.
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Why is there a buyer? They saw the volume, saw a potential 10X gain and "To make some quick coin." Still 100% accurate amigo!
I did and you are correct again! buying low and selling once a big rise in price is the correct way to play these stocks and selling once the stock price has gone parabolic is the sane thing to do...
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If I bought XYZ stock for $100 per share and it ran to $1000 per share, would I be dumping if I and other traders cashed out and the price collapsed?
I read them and they are pretty much the same noise you see on other micro stock boards and even some high dollar stock boards. However; I did not see any single user that posted 50 times touting this stock much less a group.
A poster can easily be followed by simply clicking on their profile and looking at their post history to determine where they are posting now.
The pattern remains consistent some traders will take the money that other traders will lose just like with stocks trading for hundreds of dollars.
Well said my man... well said
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