I shorted this for the first time yesterday at a price above $3.50. I normally stay pretty quiet when I short a stock. I don't pump when I am long and bash when I am short, but the ignorant on message boards think motives change facts so they don't listen to facts anyway if you are short.
The fact remains there has STILL been nothing new that has come out since they traded for $1.68. The pile-on pump & dump sites are still touting this on a daily basis to bring in more people who are late to the party and buying right before a significant retrace.
Very strange trading action. I believe they are manipulating price higher to do an acquisition for mostly stock. Watch the dumping once they dilute!
Good luck to all. This just isn't an attractive trade above $2.00 until they can show recurring revenue, but I have been begging for a promotion like this for over a year since they sure can look good on paper to those who don't understand what the company is and is not.
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