Here is my take on the future:
In my opinion the cards were exposed when Marco revealed the 100 to 1 RS. For me it showed a thinly veiled share selling strategy like many others in the same sector. Sure, he threw in the rights offering as a carrot to fuel the post RS speculation that there is something great to be revealed to drive shares higher than the offering price. He has nothing to lose by doing this. After all he can always generate more shares after the split!
If the history repeats itself as it does almost 100% of the time, what will happen is there will be a temporary price spike followed by a steady decline to the same levels as now. This will effectively wipe out most of the bag holders like myself and restart the share selling scam all over again with the new speculators.
Yes, I’m still holding the bag as at this point it is just a lottery play for me.
Just curious what others think will happen?
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