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itsdetatti

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itsdetatti

Re: Alydyr post# 18394

Wednesday, 03/19/2014 11:16:12 AM

Wednesday, March 19, 2014 11:16:12 AM

Post# of 144815
I agree with you (that it is being manipulated), but the problem is the pump already happened. This is the dump phase...

These people bought the shares between .02 to and .13 and just made multiples of their money. That is the reason why it is dropping from what I can tell (nothing bad has happened to the compnay).

The problem is that valuations are based upon profits or expected profits, assuming the company survives and what not.

Nothing at the moment makes this company "safe and stable", given it's financial obligations, and nothing is in terms of revenue is in the near future.

Assuming they stay afloat (which does seem likely) then they should eventually bring some more revenue in, but it is far from breaking even (much less having a positive, grounded valuation)
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Volume:
Day Range:
Bid:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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