What happened to that good postCant remember who brought it up but it appears to be gone now.
The point they put out was that this pathetically low PP likely went to the same people that got swindled by the pump and dump that occured with the BS Hub and Spoke NR back when all the pumpers were gloating that Stage was on track. I wouldnt think some "institutional investor" would be too happy to see their investment half itself in a month.
I agree. Being that it was so close to then Stage management likely decided we need to keep these guys happy but who cares about long term investors.
Dont feel bad though guys they do this with even the big guys. Remember the one analyst they had back in the day? They $crewed him over and these latest guys will suffer the safe fate.
They will find a new sucker to get in at an even lower price and so on and so on. I think its the only work Stage really does.
Remember when they did those 2 PP's right after another back when the price was way above a buck and everybody questioned why they were doing it and Tripp says its to really position the company well? Well maybe they knew they have nothing and that was just an excuse to prolong the inevitable longer.