Two possibilities.
1: He overvalued how the crowd would respond to the crap website. It’s not 2005, that shit won’t fly anymore.
2: He doesn’t want it to go up yet. Which is a possibility, considering the last PR was bait for anybody looking to take the stock down. Who in their right mind puts out a PR stating they plan to go QB, which requires being over a penny for 30 days, when the stock was barely holding that level? It was either incredibly stupid or well planned. Made it too easy to knock the price below a penny and deflate the sentiment. He may be trying to shake the retail whales out and break up the large holdings in order to ensure no retail dumping on a run.
Either way, it’s not retail friendly at the moment. And that’s on top of the flippers. They only post when they fill a low order so they can immediately put it 20% above and sell it to the next guy. When they sell it, they take their other holdings and place it on the ask way above average bid/ask to try and entice a sell to load up and flip again.
Bad all around at the moment. Only hope for the normies is Dixon selling the shell to another company. Whether that be a real company or a fake one with a CEO who actually knows how to make a website and tweet doesn’t matter. That’s the only way up.
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