Replies to post #41196 on Seafarer Exploration Corp (SFRX)

[hedge_fun]

I asked the company if they thought that......perhaps

they overstated the blogger's influence in the lawsuit in which they claimed he caused the price to decline. This is an interesting thought since damages are still to be determined. I think they have quite the task proving one dollar in damages. They company has no revenues and in order to raise cash they usually issue toxic debt notes, which they admit can hurt the price per share.

Yes, the share price does defy logic, but it's based on people getting their hopes up a few too many times.

Do you think the price spiked in July because people had their hopes up and the stock was over bought?

Thanks