Replies to post #29628 on Left Behind Games (fka LFBG)

[playfullyhappy]

Gtothei,

In the last hour of trading 48 million shares were dumped at bid for a grand total of $24,000.

That works out to only $500,000 per 1 billion shares sold.

OUCH !!!!!

I don't know for a fact and I am really just guessing, but does anyone think it just might be Troy dumping 48 million shares for chump change greatly diluting all shareholders. I personally think it is a good possibility.

I sure hope this is not the work of our new CFO.

Since we get so little news feel free to guess yourself. With such a lack of info flowing to shareholders as usually this is the only thing we can do.

playfullyhappy

[noquit]

That's not a diluting machine, but individuals trades, not trades from the company.

[Jobenny]

The dumping is keeping me from adding shares at this point and I agree with you that it's definitely a red flag indicating a further decrease. On the flip side financials are soon to arrive and I suspect it will push the pps up some. How much and for how long depends on it's content.
In the next few weeks I can see LFBG going either direction but I'll wait for a lower pps before adding to my position. If I miss the bottom so be it. I'll try to get the next dip.
Go LFBG