Posted On: 07/11/2014 12:13:55 PM
Post# of 43066
Oh, this lurker has no problem believing that the move UP was orchestrated by "pros" who touted the stock.
But this lurker does not believe that the demise of the stock needed any orchestration.
I would not have a hard time believing that those who moved it up were also responsible for helping move it down, if by doing nothing else than selling what they bought.
I suppose that the current price is a realistic reflection of what the "true" value of the stock is given that the company still has a little more than a snowball's chance in hell of becoming legitimate.
In fact, I'm surprised that it has held up as well as it has.
But this lurker does not believe that the demise of the stock needed any orchestration.
I would not have a hard time believing that those who moved it up were also responsible for helping move it down, if by doing nothing else than selling what they bought.
I suppose that the current price is a realistic reflection of what the "true" value of the stock is given that the company still has a little more than a snowball's chance in hell of becoming legitimate.
In fact, I'm surprised that it has held up as well as it has.


techisbest
