TSXV:LBL.H - Post by User
Post by
MNK3240on Mar 22, 2020 2:36pm
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Post# 30835334
Problem with penny stocks and current CV stocks
Problem with penny stocks and current CV stocks They all release some exciting news and when SP starts going up, the sponsor directors start selling millions of shares they hold and make millions. There is no issue for them selling or making millions but oftentimes they don't follow up with anything else or any further NR for long. In the end, the poor retails either get stuck or take losses.
Currently, all the small biotech companies are doing the same things and that's why on first NR, SPs sky-rocketing but later it's going back to where it came from lack of any further development.
Hope Lattice does things differently!