Posted On: 12/12/2013 3:12:14 PM
Post# of 7153
Re: gramps1942 #6524
New CEO owns a promo company. Ex NBA baller with good rep.
There are too many questions and not enough answers right now but IMO there also exists some compelling details. These details have more behind them.
If it's any consolation to anyone think about this, the regulators suck at their job. Look at overstock and others that get no SEC help and get crushed by NSS.
I'm only spitballing here but this type of back room bs doesn't just happen for no reason. And anyone who knows what's up is bound to confidentiality right now until the proper time comes.
According to another investor FTCH did a similar thing with a 1200:1 r/s. Then on the heels of it put out massive promo and then forward split the stock. Everyone who sold out of panic ensured their losses. Those that waited it out not only did not lose but made money. Symbol is now HTSC and stock is at .20
They did the forward split right after the name change. Longs who didn't get overly emotional all banked profits while hot heads lost their asses.
There are too many questions and not enough answers right now but IMO there also exists some compelling details. These details have more behind them.
If it's any consolation to anyone think about this, the regulators suck at their job. Look at overstock and others that get no SEC help and get crushed by NSS.
I'm only spitballing here but this type of back room bs doesn't just happen for no reason. And anyone who knows what's up is bound to confidentiality right now until the proper time comes.
According to another investor FTCH did a similar thing with a 1200:1 r/s. Then on the heels of it put out massive promo and then forward split the stock. Everyone who sold out of panic ensured their losses. Those that waited it out not only did not lose but made money. Symbol is now HTSC and stock is at .20
They did the forward split right after the name change. Longs who didn't get overly emotional all banked profits while hot heads lost their asses.
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