Tuesday, July 16, 2024
[U: Now... $34, On Tuesday Afternoon!] Hilarious! After Posting A Prospectus Dumping 37 Million Shares… Stock Is Back At $36 After Hours.
This pump looks deeply suspicious: as we noted, it hit $53, pre market -- from $30 Friday night. . . it fell through $40 by Noon, and after market traded below $36, when the dump was filed on EDGAR.
So almost all that "pump & drumpf" -- took place in one session?!
Devin Nunes of all people well-knows there are federal laws (with 20 year stints!) against manipulating the price of the stock at a '34 Act company -- when you're the CEO.
Tomorrow ought to be. . . an absolute hoot!
[Imagine if you were one of the rubes who committed to pay over $53 a share, at about 6 am EDT. . . only to see it trading below $36 by nightfall. Insane!]
G'night. . . grinning.
नमस्ते

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