****OT****
And I think that ANYONE who sticks their neck out on the line and recommends stocks deserves a cheer!
Funny, I think that people who do this stuff systematically are hypesters. I find them especially egregious if, like Jim B, they know next to nothing about financial markets, contribute "DD" that frequently contains gross errors, and post online almost exclusively to spread hyperbolic rumor and innuendo.
Should Jim have guessed that PGKP was about to do a reverse? You bet. Now I'll look in my own crystal ball and offer an opinion. Remember, this is just my OPINION. Just now Jim's very busy hyping PRWT. By his own admission this company has a LOT of stock out. No real figures are available, but the active float's said to be somewhere around 165M shares. AND, according to Jim, the CEO owns "something like" 450,000,000 million shares. So, in excess of 600 million outstanding--even more than Comparator!--and God only knows how much authorized.
Does any of this bother Jim? Hell no. What do we think's gonna happen with PRWT? I'll leave you to guess. And when it does, I don't doubt that Jim will make yet another of his famed Tearful Departures, whimpering that people don't understand that he was Just Trying to Help Them.
Caveat lector. |
