Yes that is their ploy. By the time their "Monster Update" happens the stock is usually up 30% to 50% already. People scramble to buy so as not to miss out, doing so without doing any DD. Notice how their updates occur about 15 minutes after the market opens???
Sometimes you can ride their wave, sometimes you hit the whirlpool...LOL
I agree. I think you are EXACTLY right. I follow some of their stocks just for giggles. They do cause some volatility, so...... I tried to trade this one. Got stopped out at a 16% loss. Oh well. F it. Not gonna go down with the damned ship though. I think BCCI's business is a gimmick and I cant see holding long term. This was at .02 two months ago and could very well end right back there. Cant take that risk. Hope others make money on this on the upside, or at least minimize losses. GL.