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Rjp9990

08/08/14 12:19 AM

#43026 RE: Rjp9990 #43025

For example a POS stock can print then sell shares and make a million dollars with zero buisness and have 15000 followers who have no clue about what they think that they do then they reverse split shell out another company and start over I guess you can play it as you see it is rather invest in something real be apart of it and make money.
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multimillion

08/08/14 1:45 PM

#43033 RE: Rjp9990 #43025

I totally agree. They are holding roughly half of the shares for a reason. Either hoping for a buyout or to pump and dump them later. They are stuck down here right with us. With the way they execute, I don't think their initial plans for international expansion are working and its looking more like they'll do the pump and dump route at some point. They do have solid fundamentals and a profit that would provide more than adequate fuel for a really nice pump if it comes to that. We've all seen total POS companies with no business at all (other than putting out outrageous press releases) have monster runs. Always trade down here based on what's best for the company insiders. Once they've given up on the buy out dream, then its pump it and get out time. I plan to be along for that ride. Not if, but when. I'm wondering if there is any motivation though to wait until 2015 to pump and sell shares so they don't have the tax gains to pay on 2014 taxes. If it were me, I'd like to have the extra year to have to pay the taxes. If that's the case, might not see a pump and run here until the December earnings release into January.