Replies to post #50226 on Friendable Inc (FDBL)

[lighter than AIR]

How many name changes has this SCAM/SHELL had now? Hard to keep track...lol

[rut2k9]

Nothing will move this Stock ahead. Credibility is shot! How many times you going to hear the same thing over and over with no results. Just the name changed. Hahahah

While I agree with you on credibility, and agree the stock cannot and will not move up, I think it has much more to do with the capital structure.

There are far, far, far too many shares outstanding
and most of those shares are heavily discounted converts, many with warrant coverage
Means too much built-in, ongoing, systemic, unstoppable selling. It overwhelms any buying. The audience of "longs" could increase tenfold and it wouldn't be near enough.