COWI is nothing. It is defunct. The unpaid back taxes and unpaid legal judgements alone is a staggering amount.
But it also has a lot of toxic death spiral convertibles outstanding. I would not be surprised at all if those lenders hired people to pump the stock on social media to drive volume they can dump into before FINRA deletes the ticker for good. That is why there is huge volume, but the stock price doesn't go anywhere.
This is just creating an entirely new group of bagholders.
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