OTCPK:MEAOD - Post by User
Comment by
tsoprano1on Nov 25, 2016 11:10am
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Post# 25513445
RE:RE:RE:RE:Lite...Really...
RE:RE:RE:RE:Lite...Really...
"selling a stock down to do a pp is illegal they could end up in jail and paying restitution" Then you better report them, because I guarantee they shorted stock last two times. I also explained shorting against the box, for all that thought stock had to be held for months before being sold. As absurd as I think shorting a nickel or dime stock is, it is vastly more profitable when you can guarantee yourself cheaper shares through PP stock. This also happens on regular secondaries where investors sell some stock and use the proceeds to buy secondary shares plus added warrants. Might explain why Sprott has been selling. If he can sell at .08 or .09 and cover with .04 stock plus warrants, do you think he would do it? That of course was a rhetorical question. He has done it many times. T