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realnewb

11/08/16 8:21 AM

#22820 RE: ptolomeo #22817

For instance there are some stocks with very large share counts that operate with little revenue and large amounts of debt. Many of them make similar claims as to what they manufacture or offer. MJNA has 3 billion O/S and had millions in revenue but their debt is much larger then any possible profits. Not saying MJNA is not a great company but right now is a dangerous time to buy there for anyone especially after today.

Some of these companies are real, some of them are not.

What makes them more dangerous is the billions of shares outstanding, on a slow week a price can be knocked down and holders scared into selling shares back to manipulators.

OWCP faces the same struggles with the market makers manipulations but they have a very small float and are very transparent in their progress.