The perfect setup, the Stone Blue story.
Suppose you invested heavily in a stock, maybe to the tune of $100,000, and then realized the stock was probably a scam shell, which was about to be delisted. The stock is CBBT and the heavy investor is Stone Blue and comes up with a way to save his investment from losing everything.
He finds a way to visit the company to meet the the CEO, Clemons, for a tour of the company. He writes on Twitter that things seem to be advancing, whatever that means, and will have other news after the meeting.
Before meeting, the price sinks to 0.004 cents.
He posts his meeting on social media and the word spreads all around stock forums, as a result of the renewed hope, the stock jumps to 0.014 cents, a gain of 1 cent. With about 5 million shares that Stone Blue may have, selling them for a gain of $50,000.
When no further news materializes and stock sinks again back to 0.004, Time to reload with millions of shares.
Now Blue Stone writes on social media that he has had further communications with Clemons, things are going well and very cordial with updates forthcoming, again on hearing the news of really nothing, the price jumps to 0.009 and a new gain on selling is around $25,000.
The price plummets again when there is no news, back to 0.004. Time to load up again.
A new Twitter appears that Stone Blue and Clemons met for dinner with a photo attached with a PR coming. The stock forums explode with the latest meaningless news.
Time is running out on CBBT being delisted.
If the stock price jumps again on this new meaningless news and probably false hope, Blue Stone has a chance to recover most of his money, recover all of his money or evenly make money.
All perfectly legal.
There are many morals of the story here,
Actions speak louder than words,
You can fool some of the people sometimes, but not all the people all of the time,
I fool is born ever minute,
Jump on an opportunity when you see one,
Choose the one for you.
AIMO and GLTA