How can people sell with such a high prospect of big returns on a new company??? Is selling your 100k shares at this price really going to allow you to take that 100 bucks and get a better risk somewhere else?
Not the same old company by any means. This company has an INDY 500 race car going to the Indy 500! With the product name written all over it! Deals in the works etc
This was a "Last Stand" by market makers who saw a brief opportunity to get cheap shares in preparation for the massive rally coming ahead. They probably watched the video and began shorting the heli out of this stock to create "Panic" selling. It obviously worked!
New company, new products, totally new financial sector, experienced management, new money... you name it!
I had watched the youtube on Emperial Americas and sounds good. I checked spec's stores and they do have distinguido in stores. The Indycar looks for real! What am I missing? Why major sell off? Holding but not sure what to think!
We don't have the luxury of seeing the real buy orders, when there is a lull it is easy to short. There have been countless times I have tryed to buy stocks when there are no buyers, they mysteriously vanish when you hit the buy button. Its MM shenanagans.