This may sound funny but it has a west Coast base
Post# of 96879
Shorts have been taking advantage of the fact there is a time difference as to when some amateurs invest in smaller companies, as well as when some press is released:
based on the west coast, east Coast thing!
I keep trying to explain this to people, but many are just not understanding. You want to make the maximum amount of gain off of all of your shares! So if you let them lower the price of the stock to grab cheaper shares, it lowers the price of all your shares, and this repeats over and over.
All of the shares you own now would easily be in the teens, possibly even have up-listed already, or have less outstanding shares, more location etc..
The stock went to less then .04 earlier. So that is why the stock closed at .077 and did not break through the .102. The stock was up about 50% today. If it had opened at .06, it more then likely would have made it above .102.
Then the stock would build off of that price, you would actually make more money! Like uplisting will be delayed because of manipulation. Buybacks will be less, because the company made less money selling the stocks!
So if you say so what i got my shares at .04, so did any business partners or loans that were paid in shares! You do not want the share price to go lower. It is not helping any longs out.
WE want the share price as high as possible and uplisting asap!!!
Just trying to explain the huge problems, trying to get cheapies can cause. It has decimated companies in the past!