InvestorsHub Logo
icon url

eelfland

05/02/14 8:26 AM

#114531 RE: Bibster333 #114529

Bill is the one who sold those billions of shares to his friends and family at those triple zero prices. Now the people who came in and bought after the market cap of FITX ran up into the hundreds of millions of dollars will pay the price as those early insiders cash out. It is not my fault that so many bagholders will have been created. Quite the contrary, in fact. Some of us have been trying to minimize the damage, warning people about the game that is being played at FITX. It's set up so that the insiders win, and the retail stockbuyers who hold the stock while its PPS goes down lose. That's Bill and his buddies doing that, along with the promoters hyping Bill and FITX as if they can do no wrong and the best thing to do is buy, buy, buy and hold, hold, hold.

Caveat emptor. It is Bill and his buddies that are selling the stock, converting it to cash.