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  4. On4 Communications (ONCI) Message Board

I do want to know the negatives of the stock. I w

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Post# of 40991
(Total Views: 240)
Posted On: 02/23/2018 1:15:31 PM
Posted By: Gadawg22
Re: LakeHouseRepairs #9016
I do want to know the negatives of the stock. I was too lazy to look at the financials and I did not want the miss out of the opportunity of a signed contract with a major auto company. My mistake. Lesson learned.

However, after the court settlement with the LAM shares around the end of September, the stock went from around .02 to .002 with a tremendous amount of signed contracts. In my opinion, LAM shorted after the settlement of the court date. They covered with the newly released shares. It was not enough that they received a 65% discount on a daily average, but they made money from the decline from .02 to .002 also if they shorted. During this time period, many posters who I considered paid bashers were working overtime. Let's say I am a pumper. I would not continually post the same time over and over again unless I was paid. a 90% decrease with a tremendous increase in revenues is hard to explain without some sort of manipulation. Only in America. USA USA land of the free markets.

Now, all joking aside, why was there a 90% decrease in share price with nearly a 30,000,000 increase in revenues from October to February? The above is a possible explanation along with others. The above theory does seem withing the realm of possibility. There were also people selling to take profits and Steve did promise a lot of things and did not deliver. Bashers and pumpers do affect the share price. I do not believe that the things promised and things not delivered should result in a 90% decrease in stock, while increasing revenues by nearly 30,000,000. Most of the things not delivered had valid excuses (waiting on FINRA and not being able to locate the former President for an audit) If Steve did not increase the revenue, then the decline is share price would be justified and he would have pulled a fast one. If the contracts were fake, then I would loose my money and go after Steve. That is the gamble I am willing to take (the contracts and Steve Berman ex Time Warner exec are real).

Once again these are my opinions, especially why there has been such a decline in price in a short period of time with HUGE new contracts.


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