InvestorsHub Logo

kennypooh

08/06/15 3:19 PM

#36927 RE: Coho20 #36924

I have seen other pinks do it with awe because all mine so far have tanked.

Yep...the insiders and promoters of share selling schemes buy up the new issued shares using multiple accounts as soon as trading starts (to stir excitement while you're in awe but can't sell anything)...They make it look like a real company turnaround is coming? Then they dump big time into the excitement. By the time the old shareholders are able to trade, the bottom falls out.

Nothing new here. I hope FINRA refuses to process the split on the bases there is no legit reason for GRPR to exist. Management only owns 1% of the voting stock? What kind of a legit company is that?