behind the scenes..
In addition to the short covering, apparently there is an underecurrent of bashing CULT according to the latest press releaser involving Cult's latest investment.
Within the body of the press release is the following......
"Additionally, it has come to the Company's attention that deliberately false and inaccurate information about CULT is being disseminated on-line by or at the direction of parties attempting to discredit the Company. CULT and its legal advisers are currently investigating the matter and intend to take any steps necessary or appropriate to address the situation."
Hopefully this will result in the stoppage of this type of misinformation.
This company is more of a royalty play and will be difficult to determine its true share value and thus the appropriate share price.
would appreciate any insights that anyone might have to help us underast and the value of this innovative company.