Nov. 10 at 2:58 PM
$MWG with the magnitude of dilution it had, this need to be trading at 6 or 7 cents and not at 25 cents!
Retails will never see anything buying this at 25 cents! Yes, you will see an occasional pump and dump but forget about any sustained uptrend!
These guys only goal is to fleece US retail stocks investors and then declare bankrupt! Unfortunately US based companies help them to accomplish this!
For example, buying at 19 cents when stock is trading for 30 cents, getting a free warrant for 20 cents, immediately cashing out their investment for 50% profit and waiting for the turnaround to execute the warrant! If this doesn’t turn around, they will dump the warrants for any price they get because that is just icing on the cake!
This movie has played out hundreds of time for companies with no actual profits.
