Company has set a trap and the shorts bought
Company has set a trap and the shorts bought it...
TEXASOIL Member Level Saturday, 08/22/15 12:28:41 AM
Re: Nadendla post# 17655
Post # of 17705
Company has set a trap and the shorts bought it. It seems abundantly clear to me that investors are going to reinvest their dividends as they are released in to buying more stock. I would think up to the very least the dividend amount of .011 times 2 or 3 in the immediate future. There are millions of dollars of funds being released next week (via dividends) that will go towards buying this stock which is about 100 times under value where it should be PPS wise. I would also hope it is painfully clear to shorts that the company did this on purpose to destroy them. Remember the shorts have destroyed the PPS of this stock from $3 down to .0013. Lets look at what transpired. The company announces a unbelievable dividend distribution from an OTC stock. Red Flags right?? Lets short this further the shorts say they won't give a .011 dividend. Scam right? Wrong! Then the company actually delivers this remarkable dividend 5 times the PPS arming investors with large sums of cash to buy a stock that should be.50-$2. There will literally be unlimited buying funds pouring in to this stock next week as the majority of dividend money hasn't been delivered as of yet. This was a trap set up by the company to burn the shorts. The shorts have no hope IMO. Anyone who shorted today simply doesn't realize the company is out to eradicate them...Period! They took the bait. This will go to multi pennies totally funded by the company giving bullets (500% cash dividends) to its share holders to destroy the shorts. Next week could be one they talk about for years. We will see.
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