GREY:BLPFF - Post by User
Comment by
PruneFaceon Aug 09, 2018 3:52pm
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Post# 28435813
RE:RE:RE:Warning
RE:RE:RE:WarningFalcao wrote: Agreed on some of your points.
Here is my thoughts about what happened last days (or a month):
1. Sure they closed PP at 20c a month ago
2. Since the price continued to drop and the participants were not happy, so looks like they managed something to help short the stock for a month between 25c and 8c.
3. Then without any info to the shareholders, they agreed with a group of people on a new PP at the best price!
4. Then some manipulators (the group of people may be) participants pushed the price to 28c last 2 days and then started shorting the stock for about 20 Millions shares traded in only one day! note that their average trading is about few K shares.
5. Then this moring the companie posted a news indicating a new PP at 12c!!!!! so we had multiple PPs in few weeks ! and why not another one in next few days or weeks!!!
6. All I can tell, is that this was not fair at all for the honest investors who belived in this cie!
This was my 2c explanation and no bashing and no pumping, just my simple thoughts! you can agree or disagree and I have no problem with that.
Do your own dd,
Thanks and good luck
Falcao
I think you are mistaken. New Point and Blok are not affiliated as far as I know. The only thing they have in common is Jamie Hyland who was appointed to the BOD of NP and is currently a director and the VP of Corporate Development for BLK. I don't know why this news was announced as pertaining to BLK since common directors doesn't really seems relevant.