Maritime Launch Services Inc V.JFC

The stock is up 700% now what??

[jerrio78]

Brokers always want you to buy & sell so they can get commission, but that being said with no information on whats happening(if anything) its probably not a bad idea to feed any new buying interest to derisk and take out your initial investment if that's your strategy. I dont hand out investment advice or trading strategy. I only post to share my opinion on what may or may not be happening. Its your money so do your own due diligence.  I am not on the bid or ask and I dont see that changing for a few weeks. I suspect there are sellers who are on the fence and buyers who are on the fence. In my opinion a blind monkey could get this to $1 on rumors, the company has not responded to inquiries about timelines or assets or plan moving forward. I doubt you get a call back or returned email from Lerner. If this was a typical junior trying to get a free ride on the gold hype then they would be putting out fluff to see how high this would crank before they lock in a financing. Its also curious that the stock is up 700% but no one apparently wants to sell even at that spike in price. If news is imminent about a new asset coming in then the entire management team could not be in the market capitalizing on inside information. Sometimes fools rush in and other times they rush for the exit without knowing why the stock went up in the first place.