Yes, I believe you are right about that, CarlGS68.
Post# of 11899
Yes, I believe you are right about that, CarlGS68.
Its kind of amusing but I have seen it happen before. What they do is they wait around on the sidelines for a stock they really see a lot of potential in, and all the while they bash it in hopes of destroying sentiment for anyone interested in the stock to keep the stock as low as possible until the business finally has great developments happening for it and then most of them begin accumulating. There are some who turn to pumpers as they are buying while others just buy and you do not see any posts from them and the only bashers left usually are those who never have any skin in the game in any stocks, those are the few with no lives, just fear and regret and wish to spread their stink on everyone else to make their own lives bearable. It is rather "sick" and pathetic but it happens over and over in the OTC and pink market message boards. Quite amusing really.
The main problem for longs that I see with this dynamic that happens is that when all of them finally turn and begin accumulating it spikes the volume which spikes the price and these kind of stocks go flying with gains into the absurd which inevitably causes a collapse back down in the share price, spike then crash, which causes the entire market, (especially those who became aware of the stock/company because of the large gains in the stock), to think the stock is just another familiar pump and dump scheme. Because these stocks are so unknown and thinly traded already, their own dynamics and bashing then pumping ways wind up making the pump and dump in the stock a reality. Its a tough path for the company, the stock and for longs. As a long I would much rather have the market price in each news item for better or worse as the developments flow in over the months rather than have MMs take it down into the gutter on light volume while everyone continues to bash and ignore the positives that have happened over recent months and then when they all turn on a dime and begin moving the stock up 100%+ day after day, practically the entire OTC and pink market floods into the stock pushing it into penny land and its too much of a rise too fast and so it crashes. But I am learning that because of the low volume pink sheets market this seems inevitable and unavoidable, too many looking for a quick flip and always assume they are all pump and dumps but still worth playing the rise and fall. I presume getting the company listed on the OTCBB would at least help reduce this effect but it would still be present. Hopefully the second half of the year RFMK will uplist as well as reporting decent quarterly revenues, that should I think help get the stock trading at a decent and stable valuation.
GO RFMK!!!!!!!!