I am interested in what you are saying here. It se
Post# of 43064
So in your view... the regulators are "captured". Does that mean they are being paid or bonussed so as not to do their jobs? I remember a show on Madoff where that was implied. Can't remember for certain.
So by the "company" do you mean releasing news that increases the stock price and hence forces shorts to cover? I have seen the lists posted of the news.
By your way of thinking, no matter where the PPS is, it can all be explained as not where it "should' be, which is any number you make up in your head. A continued downward slide is simply more shorting. A pop-up is a temporary orchestrated run-up. If there is any news at all, it can be used also to explain a run-up. Bad news or publicity becomes a "hit piece". Seems to me the last "hit piece" that supposedly sank the stock from the $4.xx range coincided with the SEC lawsuit. Perfectly explainable.
My take on news that it is not really a reliable predictor of stock price movement. The only news that really matters is earnings increases, and unexpected ones at that. Good earnings that meet analyst's expectations do not cause any movement.
Other than that, IMO it is a fool's game to place bets on news. Even news about "deals", including JBI in this, is unreliable. The fact is, every technology or capital company needs new deals in order to survive. It is simply keeping the pipeline full. What really matters is increasing the size of the pipeline, which is hard to tell from a news release.
The other news often listed (seating a BOD, uplisting, , etc) will have no effect. it is expected that this company seat a BOD. At this price level, yes it may cause a few cents rise. Uplisting is not possible without a deal, unless a Reverse Split is contemplated, which is bad for investors.
IMO the kinds of numbers quoted for a processor sale are unrealistic.
Granted, that is the one thing that will make a difference.
Please explain, I find this interesting.