1st This company has worked with some promotors, and I am sure they designed a game plan how they might be able to raise a ton of capitol. this is my theory of there game plan.
1st they got everyone to buy on the rumor that there was a big promotion coming up on it. And allowed the stock to trade sideways and slightly upwards and then when a bunch of us bought in on the rumor they tanked it mercilessly and of course they knew that many of us would average down. I did several times lol Because we were all thinking wow the promotion is going to correct this thing. Also many bought in thinking this was the bottom just to find out the stock got tanked day after day. Then the promoter acts like this was a great find through one of there scans or something calling it a bottom play LOL. They were paid 50k dollars. Then they showed a little mercy by holding off there massive dilution campaign (see what happens to the pps when they stop diluting and the news letter helped as well) thus a 50% pop. Now The promoter looks like a hero. Now this is where I am not sure what happened TODAY I think somebody has a ton of shares or dilution? why who could be selling at the 52 week low after such a great pop come on? Who is selling all these shares at these low prices you say it can't be dilution but look at the volume then look at the price something stinks in Peru.
There next plan is possably to make it look like a reversal thus attracting new buyers just to tank it a little more.
I believe in charts but we both know pennyland anything can happen. I thought i bought in at strong support but this stock has defied the charts. IMO> and a doji needs confirmation charts 101. So I don't know what else could be happening ... I welcome any thoughts I am not bashing I lost a lot of money HAD I SOLD still holding though. But I am perplexed is this not be the case as stated...
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