Replies to post #39225 on Eyes on the Go, Inc. (AXCG)

[watchingsum]

Most of the dilution happened about the same each day...and knowing that and a group gets together to sell during that time /same day ..you drive price down easily ...someone or some group wanted in at lower price...came back quickly...because buying at that price was irresistible ..plus gotta balance them books at end of day/close...some people say shorting does not happen..I disagree..and if most had the opportunity to do so they would...but it's for the select, buddy system , hook up, elite...etc...so to answer your question in short...no pun intended... I think it was both dilution and manipulation...
JMHO!....doesn't effect me much either way...I bought here to be long and in big picture of things..effects little..but it is like skimming money ...so I absolutely dislike that it happens.

[QServus]

Dilution did not cause that drop. If it did, the stock would not bounce and most definitely, would not hold all week as it is holding now

[chklingon]

Dilution was a part of the picture. However JMHO... it was mostly just capitulation and total panic on the traders. (Hence the quick rebound as their panic was others opening to hop back in.)