This stock was promoted by several notorious paid promoters who take money for creating "investment newsletters" that sound legitimate, and mail or E-mail their "newsletters" to a list of suckers who have fallen for similar scams before.
STVF was promoted by several groups who had just finished promoting STEV, another "stevia" stock with no assets, no product, no revenue, and no customers.
STVF ran above $3 because the bigger fools kept showing up and buying into the scam.
wow!! Isn't it funny how many people you upset. makes you wonder why they care so much, doesn't it? If they don't own any of the stock, why are they on here day after day bashing the company like its their moral obligation. Or is it that they have shorted the company and stand to make a profit only if it fails. Hmmmmmmmmmmm, I wonder??????
Here is the skinny on short selling:
When an investor goes long on an investment, it means that he or she has bought a stock believing its price will rise in the future. Conversely, when an investor goes short, he or she is anticipating a decrease in share price.
when you short sell a stock, your broker will lend it to you. The stock will come from the brokerage's own inventory, from another one of the firm's customers, or from another brokerage firm. The shares are sold and the proceeds are credited to your account. Sooner or later, you must "close" the short by buying back the same number of shares (called covering) and returning them to your broker. If the price drops, you can buy back the stock at the lower price and make a profit on the difference. If the price of the stock rises, you have to buy it back at the higher price, and you lose money.
Do you think they feel it's their moral obligation or possibly they stand to much more money as the price drops?