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kill_rogue

09/20/18 9:22 AM

#208668 RE: Newblooder #208664

IMO there was no "news" being released month after month. Simple tweets showing pictures of phones is not news. The continued meaningless tweets stirred the hive and the natives became restless; and rightfully so.
The company has been 100% silent aside from said meaningless posts. I can't remember the last time anything was put out.

havnagoodtime

09/20/18 9:24 AM

#208669 RE: Newblooder #208664

...until shareholders started using the news to bomb the share price for profit.

Um, nope. Insiders dumped hundreds of millions of shares on the company's news. That's a fact. Shareholders started getting out when reality hit them right between the eyes.

Although, it is true that early buyers cashed in on those early pumps. That was smart money trading -- not holding.

And the company wasn't done pumping in December/January/February in order to dump shares.

One look at the April 6th PR -- followed by the PR on April 10th -- and the trading action surrounding those days -- including the dumping of many more millions of shares through April 13th -- well, it's pretty clear what the company was doing.

Don't take my word for it. Look at the chart, the volume, and the SP, from April 6th through April 13th.