RE:RE:RE:This company exists..SirSquibbels wrote: I dont know this treetroll guy but I am from over on the ESM board where we have had the pleasure of old Bharti's guidance for a few years now and lets just say what is happening here is their typical mo
Bharti comes in and does a role back (makes they share price look good)
Then pumps out some okay news ie look at these highers we are going places.
Then comes the private offering I repeat private not public this is a double dip because by this point the share price has been climbing. The offering usually is well below the new share price and comes with warrants.
Here for example it is .21 cents and .30 cents so at the current price that is a 76% and 23% profit.
So what you will notice suddenly is a lot of anon buying pushing up the price and building support followed by heavy anon selling soon basically get the price up short the share for a nice profit.
They can short the share because they know that in a few months they can pay them back once the holding period expires.
Regardless looking this company over it does like esm have potential but it is a minimum 16 months away from moving any dirt so I shall be here lurking trading this puppy. If I am right the price will start meandring down about a week after the placemnt closses on the 23rd. This is the new way companies raise funds. 1. Dilute for more funds. 2. Sell shares to a subsidiary in a private placment. 3. Sell the private placemnt shares for a preimum. 4. Raise 4.5 mill instead of $3
So DOWN over 7% today__ON THE NEWS__looks like the Anonymous DUMPING has
already started eh?????
The SCRIPT for ALL these Plays NEVER, EVER Changes__and What For__as IT has
always worked well eh !!!!