InvestorsHub Logo

StockSleuth

01/10/17 12:46 PM

#4508 RE: MJACK #4502

Stop with the BS of a "short squeeze" or large short position. Dutchess, Chardan and other early toxic firms are the ones paying for the promos in an effort to take more money off the table. Compound that with the dilution caused by the last financing ( 10 million shares and 10 million warrants to be be converted into shares that will certainly hit the market) and that will certainly impede the stock from ever going up. The company may take in cash from the warrant conversion, but that does nothing but buy them more time as the financials are suspect and their ability to execute and obtain cash flow positive is in question.