RE:PP ..You have to shake your head at the manipulation, yet if you ask management for an explanation they ironically know nothing.. this manipulation is as blatant as it comes. Assuming management is not part of the manipulation and has no idea who is manipulating their stock, as this gets run to 8cts and shorted back down to potentially be covered thru the PP seems a reasonable explanation of the trading we are seeing. This delayed Pp really plays into that strategy allowing first a runup on the expectation of an announced closing of the PP to only find out we have a delay and allows the players to sell this back down and flush out a bunch more rattled buyers and better yet if they are part of the consortium can cover a short thru the PP. I am not stating facts, I only have my suspicions and it doesn't sit well.
Now I am not saying that they are or aren't but it truly makes me wonder especially when the delay came into place and one can merely rake in huge spread on the percentages from 075 back down to where we are today..
Crazy crazy stuff that makes you puke but it happens day in and day out on the venture. If all you did was follow the stock you would be convinced something is dreadfully wrong and that is how these slimeballs play on your mind... This often happens when you get a group of traders/brokers sending a message because they are pizzed off at a company also and are making a statement. So take your pick as to what is happening. Added a few more recently and will take another bundle lower if I have to.. All I know is when this PP closes those investors that stepped up to the plate will not be able to get that money back out until someone takes this company over for fair market value.. In the meantime we feel the pain..
ps. no malice intended...