GoinGreen, actually I've been on these message boards and investing in these companies for about 12 years. Years ago I used to belong to one of these internet promotion groups, so I know exactly how it's done. Obviously investing in any of these companies is a huge risk, we all know that. However, when you have a true pump and dump, it sticks out like a sore thumb. This was one of them.
A half dozen stock promotion groups started pumping the heck out of it. I got their emails. People on this board started. They've had some news lately, but nothing that justifies a big run up in their price. I agree that you have to get your name out there to the investing public, but you need more 'meat' behind it then this company has 'at the moment.' Doesn't mean that they won't turn out to be a good company some day.
But this is how a P&D works, especially with the announcement of a f/s. Everyone loads up early, anticipating a big run up in the price (which is exactly what happened). At some point you sell for a profit (a good thing), then it all peters out (which is what it did). Based on what...a $10K clock?
If you sold and made a profit, great! Couldn't be happier. But the price is going to continue to go down until a group of promoters are hired again to ramp up the price. Not saying it's a good thing or a bad thing. Just saying this is the way it works.
Anyway, as we are always supposed to do: JMHO.
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