so dkl, what did you live to learn then..
'I should've done more extensive research on the management'
What you are seeing is the unfolding of their strategy, always keeping in mind buy low, sell high.
Since their association with the scums in wall street, you'll have noticed Giles has been totally absent, giving no regard whatsoever to the shareholders in the co.
What management is doing now is allowing the accumulation of shares to the same parties they are associated with, since they are the ones who determine the price -make the market- in the stock.
Lets follow logic now.
Giles has a shady past, sort of a sleazy crook, one would say.
He has worked for companies where numbers were fabricated and inflated for the sake of personal gain. It's on record.
His partner in this, the second largest shareowner has his sister as CFO, running the books. All in the family, so to speak.
Some day, at some point, like out of the blue, we'll learn WM announcing the great break, the first orders coming in...
Through their association with the scums in wall street the BIG MASTER PUMP will be triggered.
They will stay at it for weeks and months, fueling it more and more with good news, as the price in the security will keep soaring and soaring, the more so, the more it will attract.
Keep well in mind, absent their direct association with the hands in the market, it simply would not have worked.
These plans take time to materialize, while stealing from the shareholders, for the sake of the ultimate personal gain.
Wall Street can be a very crooked business, especially the OTC market, littered with companies gone pump, then bust.
Do you think now Giles fits that profile, maybe..?
Here is were your research on the management will help you.
And, more than ever before, our bullish wedge is about to snap back, big time.
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