Replies to post #27907 on Total Sports Media Inc. (fka TSMI)

[TheNervousInvestor]

Well, for one, I agree with you: .0007 seems ridiculous! You can barely find stocks trading at $.70 with that kind of potential so I'm just as confused as you are. I would have to assume if the patent gets approved it would cause the stock to move! Since I've been here over a year now I've learned patience. Never seen a sub-penny stock earn revenue before lol. As for valuation? Who knows what kind of valuation it should have but many tech stocks trade multiple times their actual value so...

[PhantomRecce]

This is just a theory, but I've been around business long enough to know the antics that are played. I believe there's two possible scenarios.

Scenario 1: A company, someone like Pandora, doesn't want the competition and is behind the shorting - making it difficult for STTK to get financing on decent terms.

Scenario 2: Someone/ some company wants to buy STTK on the cheap... same outcome as scenario 1, shorting the Hell out of the stock to keep the price down prior to the acquisition.

AMIO,