News Focus
News Focus
icon url

monocle

09/14/17 5:35 PM

#28518 RE: Big-Picture #28516

That pattern has served me well as I added shares the last couple of months. I wish I knew who was behind it and why they were doing it. I was convinced it was Lind methodically unloading shares. I am not so sure now, it looks more and more like a deliberate effort to keep the price low.

When I posed this question recently someone suggested that it might be a company in line for the next private placement looking to keep the price low. Anyone have any thoughts on the plausibility of that scenario? I have heard that penny stocks are easy to manipulate, is this sort of thing common? A pp at this price would hard to take.

I'm done buying now (again), ready for it to end.