joey, this image of the chart that you are saying
Post# of 1023
Posted On: 04/26/2016 9:27:24 AM
joey, this image of the chart that you are saying demonstrates a "come back" represents something completely different to me. i'm a cynic, and being a cynic allows me to be right most of the time as cynicism is often the most correct lens to see the world in focus.
that chart to me represents something other than the stock rising.
what i think occurred in that recent bump was a pump, followed by a dump. i think there was a group of investors....or maybe it was one investor...who knows, who took a position way down in 002 land and then spread the good word of this great buying opportunity to their investing community and friends. now maybe, just maybe, the initial intent was sincere and honest by the initial investor(s) but somewhere along the time line, as opportunity presented itself and as the pps suddenly grew as the new investors (me included) were invited to jump on this boat for a ride.....some (or one) of the initial investors decided to profit take and dump, leaving those that didn't get the memo in time left holding the bag. that is what this smells like to me.
this leaves many questions. is the current actions in share price merely one person who is taking advantage of the pump? or is this a much deeper, more sinister conspiracy and a true classic pump and dump? was and is there an honest belief that this company is really going to become profitable, or, was this company merely a theater prop that looked believable enough to orchestrate yet another pumper dumper? i have no idea.
when i look at that chart, i do not see a comeback. i see opportunistic profit taking at best, and a pump and dump at worst.
that chart to me represents something other than the stock rising.
what i think occurred in that recent bump was a pump, followed by a dump. i think there was a group of investors....or maybe it was one investor...who knows, who took a position way down in 002 land and then spread the good word of this great buying opportunity to their investing community and friends. now maybe, just maybe, the initial intent was sincere and honest by the initial investor(s) but somewhere along the time line, as opportunity presented itself and as the pps suddenly grew as the new investors (me included) were invited to jump on this boat for a ride.....some (or one) of the initial investors decided to profit take and dump, leaving those that didn't get the memo in time left holding the bag. that is what this smells like to me.
this leaves many questions. is the current actions in share price merely one person who is taking advantage of the pump? or is this a much deeper, more sinister conspiracy and a true classic pump and dump? was and is there an honest belief that this company is really going to become profitable, or, was this company merely a theater prop that looked believable enough to orchestrate yet another pumper dumper? i have no idea.
when i look at that chart, i do not see a comeback. i see opportunistic profit taking at best, and a pump and dump at worst.
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