Does anyone know?
Dunno. It could be anyone. Somebody needed money, dumped stock, others followed? Play in a small pond, maybe you get splashed. I'm holding and thinking of buying more on dip.
Dilution solution it seems.
Medient says they're building a new campus in Effingham, County Georgia. No effin' joke. Seems to be a going concern, if not profitable. Looks like easy money.
I live in Effingham. Construction has started. I'm thinking that the stock is low because it will be years before showing a profit on the new studio. Stock may stay low until a couple of successful movies. Does seem like easy money.
Sentiment: Strong Buy