Remember it’s just thought. Granted it makes sense but what has never made sense is the companies shady dealings.
But usually I find the shadier the company, the greater the pump.
SPLI was a good one and that went from subs to .45
And that one did very shady stuff before it became VPOR. Even had a similar setup with the Big RS then a huge rally upwards.....”they” were working the boards trying to get everybody to sell with some of the same copy paste bull Ive seen here.
But again this is all based on how financing works. Infact just by looking at the chart you can tell the company has a dilution history.
Somebody even mentions ceo george from DRYS. Drys has always done this, and then 2 times in my life I could have heavily banked on it.
Eventually drys kept doing the notes and splitting and in 2007-2008 I remember owning calls on it and it shot up to trade in the $14-15 range from like .20 and stayed there for a while. Then they exercised more shares and down it went. Fast forward on drys about 9 years later and a giant short squeeze happened. From $3 to $112 in about 1 week.
Anything can truly happen. And that was a shady nasdaq ticker.
Rnva was a shady nasdaq ticker as well (and still is....it’s just making a pit stop down in pinks I believe....). Just seems very odd with how Seamus is shuffling around shares and debts and the timing of all things included
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