I wandered over onto RB, where Nailapron posted re "the lady" telling him about 4 mill hits/day, and allegedly said he'll be "happy next week."
Even bks, a former paid company spokesperson, says that there are no women in hitsgalore IR dept to make that claim.
So it looks like the pump is under way in earnest. I notice many posts over there sound similar to claims made by the cold-calling boilerroom pumperdumpers.
I envision a PR saying "LFT check is in the mail" causing a spike up, whereupon Jeanette sells some shares to get the money to write the check. LOL
If I played the BBs, I'd arrange to borrow some shares, stop pointing out the negative facts, and hope they can pump it nice and high again before the ride down..
But I don't touch BBS, so I'll add:
Even if they do get the $10 mill already booked from LFT, where will the earnings growth come from after that? Non-LFT money is growing at what, 5% a quarter?
Due to the poor cash position, absence of a line of credit, and lack of insurance to pay for the shareholder suit, I think that this company is going to have a hard time remaining viable.
...Mezz - Congratulations in advance to the savvy traders who know when to sell. Condolences to the poor suckers who buy shares from them when the dump begins. |
