Did you miss my MICS post yesterday? Explains why the stock has doubled in the past week while the markets have crumbled. All because NILE is trying to run a pump & dump-
I actually thought MICS might be getting more of a pump today on the news. But it's slipping back. Will be interesting to see if NILE buys more today to try to prop it up, like they did yesterday. Stupid for them to try a pump & dump like this in such an awful market imo. Especially when MICS is going to report ugly Q4 numbers at the end of June (it's their seasonally worst quarter). Will be interesting to see what happens when NILE sells...I'm guessing right back to the $3's.
NILE should have studied Guy Gentile and his very successful pump & dump on AWX a few years back. That dude bought heavy all week. But AWX had plenty of short shares available while MICS has none. So lots of people (myself included ouch) were shorting after the stock zoomed from the $3's to the $6's on no news. Then it kept climbing. Think it closed in the $9's on a Friday and they were finally out of short shares. After the close, Gentile makes a filing that he'd bought almost the entire float. Stock went crazy that Friday AH. Like $12, $13, $14. The pump continued over the weekend. It hit the $30's premarket on Monday! But I think it was back below $7 by Monday's close. AWX later sued him. And they won the case. They've yet to receive the money though.
News 
Market Data 
Discover 
