Post by
Truhlik on Dec 14, 2020 7:07pm
Pumpers
Let’s think about who it really benefits to pump a non-performing company. If NXO somehow gets a deal and turns a profit, the stock price will shoot to the moon. If not, it will slowly go to 0. No debate on a BB will change either outcome.
Long-term investors who believe in the stock doesn’t care about short-term price: If anything, they prefer a lower price so they can buy more cheap stock whenever they have the cash. So, who does an inflated short term stock price really benefit?
1) Pump&Dump artists: Buy, pump, sell to naive investors to make a nickel or two per share.
2) Insiders with cheap warrants: Inflated stock = more $$$ when exercised despite lack of performance.
3) 3DB: Inflated stock = more $$$ from their daily stock dump.
So, who benefits the most from inflated stock price? Easy: It’s 3DB. They have about 40M shares and dump up to 25K every day. Who else sells that much every month? Well, 3DB is grateful to all you pumpers out there for putting more cash in their pockets. I would not be surprised if some of these more vocal pumpers are the 3DB boys or their minions. So, keep on pumping and trying to silence the skeptics so that 3DB can get more cash for all they have done...because they deserve it.
Comment by
Lesalpes29 on Dec 14, 2020 8:05pm
You become more and more s.. T. Nobody is here to pump. Just sharing views from many bears, some bulls and some neutral... If You cant see it...