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Replies to post #129157 on JB and ZJMY Holding Co (JBZY)
Shawnehill80
10/12/17 1:33 PM
#129158 RE: fourcloze #129157
EVIndustryMan
10/12/17 1:44 PM
#129163 RE: fourcloze #129157
There also may be instances where a company insider or paid promoter provides false and misleading excuses for why a company’s stock price has recently decreased. For instance, these individuals may claim that the price decrease is a temporary condition resulting from the activities of “naked” short sellers. The insiders or promoters may hope to use this misinformation to move the price back up so they can dump their own stock at higher prices. Often, the price decrease is a result of the company’s poor financial situation rather than the reasons provided by the insiders or promoters.