RE:RE:RE:RE:RE:RE:RE:IS Shoal Point Energy Ltd AT THE END.?As I said, I don't think anything illegitimate took place. 150k was paid to phenom ventures (Eric) to talk up the stock, you don't get paid handsomely (150k!) to not pump. Do I think Eric intentionally scammed anyone, not really, he got paid to recommend a risk. I don't think he would do it knowing that there is no oil. Covid stupidity brought us a Dump. Dry well and talking down the project, Poop and Scoop.
The Pump was intentional, I don't think the dump was, oil went negative, that's end of the world type stuff. I wouldn't expect SHP to hold it's value while the likes of Exxon and Haliburton were getting killed. The talk of the project possibly being scrapped coughed up more shares than the dry hole I think and again, that was thought out before being released so to me that's intentional.
I look at the chart and see what I see. Pump, unintended dump but dump nonetheless, and now a poop and scoop. The why to the last part is what I am clueless about and anticipating finding out.