Regarding those links I posted yesterday, I'm thinking their timing suggests some of it may have been intended as short-sell ammo.
One poster uses the word 'crappy' and 'BS' in a lot of posts, and the "Anthony Investigations" thread title sure has a bonus shock effect built into it. That the posts came in after sell indicators lit up would indicate one of them may have had a short order in. Based on the experience of one of those posters, and on posts in that profile, it does look probable. And so I learn.
CNKT looks like a struggling pre-revenue/small-revenue company trying to break out in a high growth market. As far as controversy over reverse stock splits and CNKT, one of my favorite companies was formed when they did an 8000:1 reverse split, so I see no problem with CNKT's actions. If they have a cool product, an O.K. management, and at least one solid contract to kick things off, then there is hope. I still lack CNKT details, and market experience, so I am unable to give my opinion.
Do your own DD and good luck.
Shoe. |
