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FeMike

08/07/23 8:54 AM

#617926 RE: LessIsMore #617923

For the record, I do believe that Thermo is a large stakeholder. He has posted evidence of his holdings in the way distant past, so there is certainly no guarantee he still holds a huge long position, but I think he does.

That being said, I also believe that he uses his standing to pump and swing trade the stock. If he sold 4 million shares into his pump at $0.70, then bought them back from the company at a 10% discount to market at this $0.50 bottom, he either pocketed close to a cool million in profit or increased his position by 2 million shares for free.

More power to him if the iHubbers keep believing him. I'm not buying his pumps so it's no skin off my back.