I prefer to discuss PTOI the company and its opera
Post# of 43066
Posted On: 11/29/2014 8:43:57 PM
I prefer to discuss PTOI the company and its operations, which is of course what this board is about.
Any idea why someone would insinuate 'wash trading' seems to be a recent trend when all theory suggests otherwise ?
Wash trading' is historically used to create interest to increase share price.
Yet when it is applied as rationale to trading seen with PTOI the stock continues to drop in price so it makes little to no sense whatsoever as a reason for the share price to be in the toilet.
On the other hand issuing millions of shares at below market prices is historically a tactic to drive the stock price down.
Why would Richard Heddle sabotage his own shareholders by issuing nearly 8 million 5 cent financing shares knowing this would be the end result ?
Any idea why someone would insinuate 'wash trading' seems to be a recent trend when all theory suggests otherwise ?
Wash trading' is historically used to create interest to increase share price.
Yet when it is applied as rationale to trading seen with PTOI the stock continues to drop in price so it makes little to no sense whatsoever as a reason for the share price to be in the toilet.
On the other hand issuing millions of shares at below market prices is historically a tactic to drive the stock price down.
Why would Richard Heddle sabotage his own shareholders by issuing nearly 8 million 5 cent financing shares knowing this would be the end result ?
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