Has the PUMP become a DUMPHistory would say yes.
11. SECRET OF THE AREA PLAY. Virtually all area plays fail. Rarely is there a long-term beneficiary to that area play, other than the initial company which made the discovery. The secret of the area play depends upon #1 (Law of the Pez). Those who profited from the share price runup of the company making the discovery are then offered a "second chance" or a third or a fourth with the rush of new companies into that area. Primarily, these companies are trying to finance other explorations elsewhere, but the fact that they staked some ground or bought some cheap claims doesn't stop them from parlaying that into an artificially inflated market capitalization. Inevitably, 99% of these companies fail to deliver, which is soon reflected in their vaporized share prices. Stock promoters, knowing well their chances of success were always very slim at best, long ago dumped their shares. The last one into the area play tends to have the worst chances of success.