Yes I agree colt. I was not specifically targeting anyone, just saying it is an overused term. But in a case like this, it was obvious the VCs were holding it back to load and/or cover short positions.
Its like when people use the term pump and dump. In reality, most if not all penny's have no fundamental value. And during there runs they are extremely volatile, sometimes giving back all of their percentage gains. To me, this doesn't mean it was a pump and dump. Its just how penny's work. Every trader should know the risks associated with these types of plays and always take profits when they can.
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