$MRIB This is an excellent post. The speculation of such an orchestration is not only possible but, highly probable. All one has to do is perform a wikipedia search on 'market manipulation'. Under the examples section, see the following regarding bashers and note conversions, such as so to be an up and coming event as pertains to the notes, and an ongoing event as pertains to the bashing prior to such:
(from wikipedia) Stock Bashing: "This scheme is usually orchestrated by savvy online message board posters (a.k.a. "Bashers"
who make up false and/or misleading information about the target company in an attempt to get shares for a cheaper price. This activity, in most cases, is conducted by posting libelous posts on multiple public forums. The perpetrators sometimes work directly for unscrupulous Investor Relations firms who have convertible notes that convert for more shares the lower the bid or ask price is; thus the lower these Bashers can drive a stock price down by trying to convince shareholders they have bought a worthless security, the more shares the Investor Relations firm receives as compensation. Immediately after the stock conversion is complete and shares are issued to the Investor Relations firm, consultant, attorney or similar party, the basher/s then become friends of the company and move quickly to ensure they profit on a classic Pump & Dump scheme to liquidate their ill gotten shares. (see P&D)"
Any CEO with information as to the mechanics of such, say as in the case of the Bodie and Marani fiasco, is best to hold their cards tight to chest, likely as advised by legal counsel. Once the notes convert and the Bodie entities are finished with their 'work' here, Brazil and other news will likely hit the wires. I am holding for the return here and would like to personally thank Chewy for this post and the other hard work here to keep this afloat, as well as all of the longs sitting here, and the prospective buyers waiting and watching on sideline to accelerate the boost once the next significant fundamentally induced run is catalyzed.
(from wikipedia) Stock Bashing: "This scheme is usually orchestrated by savvy online message board posters (a.k.a. "Bashers"
who make up false and/or misleading information about the target company in an attempt to get shares for a cheaper price. This activity, in most cases, is conducted by posting libelous posts on multiple public forums. The perpetrators sometimes work directly for unscrupulous Investor Relations firms who have convertible notes that convert for more shares the lower the bid or ask price is; thus the lower these Bashers can drive a stock price down by trying to convince shareholders they have bought a worthless security, the more shares the Investor Relations firm receives as compensation. Immediately after the stock conversion is complete and shares are issued to the Investor Relations firm, consultant, attorney or similar party, the basher/s then become friends of the company and move quickly to ensure they profit on a classic Pump & Dump scheme to liquidate their ill gotten shares. (see P&D)" Any CEO with information as to the mechanics of such, say as in the case of the Bodie and Marani fiasco, is best to hold their cards tight to chest, likely as advised by legal counsel. Once the notes convert and the Bodie entities are finished with their 'work' here, Brazil and other news will likely hit the wires. I am holding for the return here and would like to personally thank Chewy for this post and the other hard work here to keep this afloat, as well as all of the longs sitting here, and the prospective buyers waiting and watching on sideline to accelerate the boost once the next significant fundamentally induced run is catalyzed.
Marani Brands Inc (MRIB) Stock Research Links
Do your own DD. Assume everyone here is either an amateur trader/investor or a paid interest such as a compensated pumper/basher. My posts are strictly for entertainment purposes. I am not on Wall St., do not work for a group, and only get paid when my personal investments materialize. I am only responsible for my own gains and losses; no one is to blame for my mistakes or for any advice taken from postings; likewise, I am not to blame for any advice you take of mine, regardless of gains or losses from doing so. Good luck to all; may you live long and prosper greatly.
