Post by
MrDirtySanchez1 on Dec 04, 2018 12:04pm
Stock will go below $0.15 US once quarterly report revealed
i've been long on this name but the truth is something is not right, meaning mgmt has been not honest and forthcoming for the last 2 yrs. each quarter, they make up excuses for shortfall against forecast. it is time for SEC to investigate whether they've material information that they haven't been representing honestly. in addition, i would be my house mgmt has been trading/shorting the stock for quite some time; of course, i mean their hidden accts under LLCs and relatives'/associates names. don't stupid enough to think that their accts under their name is their "real" holdings. i don't have issues with the stock tanking due to market dynamics, but in this case, it's sheer mismanagement and more importantly, dishonest and untimely disclosure of actual, material information. let the investigations begin.
Comment by
theghaf on Dec 04, 2018 12:32pm
Agreed. This will be a case study one day. Lots of red flags with the management of this company dating back to 2014. Shady trading patterns as well.