(Baggy) dead stock bounced!The day of the GME squeeze scammers & big brains pumped this garbage company with a history of fraud.
Maybe scammers trying to convince lazy bums that would rather pay a course than spend 10 minutes doing their research.
From someone else idea:
HMIT Ltd., the former parent company of Helios & Matheson prior to 2016, has a long history of fraud.
The new guy running Helios & Matheson, Ted Fansworth, has a long history of "pump and dump".
Some of the people closely associated with HMIT Ltd. are still on Helios & Matheson's payroll.
No idea who would invest in this scam. The bus plan was obv dumb. I can guarantee the owners goal was:
Axiom: We know the market is full of sheep that randomly throw money at every S&P company
- Don't even try to be profitable
- Throw money away to get as many people as possible on moviepass (it's so cheap why wouldn't they?)
- We won't make money but we'll be so famous, more than Coca-Cola, everyone will know us, this will give the illusion of being a legit mega company
- Idiots are going to "invest" in the "blue chip"/"future blue chip" they heard of
Worked out for them. Worked out for Elon.
So if the price pumped originally it might be trolls, can be signal providers or small hedge funds I don't know but anyway, the trolls pump the price and then really dumb people follow them "oh my god it was 5000 dollar we gunna be rich if it goes back there when bears get squeezed, it's like GME".
Pump & dump artists selling courses maybe told them "ye it's not on the NYSE and NASDAQ so you don't get the short interest".
SI was at zero what idiot would short a stock at a price of zero?
Lmao and of course they are complete scrubs so they eat it up.
OTC Stocks SI is here, on the finra site duh:
otce.finra.org
Idk if someone sells a penny stock course he'd at least teach his students where to find short interests? Lmao maybe not, maybe they don't even know themselves 😂
These guys, they have been "teaching" for 5, 10, sometimes 20+ years and they still make trivial mistakes about stocks, I've been trading crypto and forex for 4 years and even I know these things about stocks, I knew from year 1 even.
It's a fraud, it's absolutely worthless, they better watch out pumping and dumping this with mainstreet, keep it small, because if you end up in a hearing what will you say? "Emmm indicator" "I bought this and told people to buy because very good company no joke".
What a strategy. Chase dumb dead stocks as soon as idiots start buying, and exit when it stops going up. How can it even work? How are some people so dumb that they hold?
I'm sorry if I offend you, you got a better descriptive adjective? They can't take a loss, or they actually expect it to keep rallying? The mystery of the bagholder.
Noooo this is my favorite stock it's halfway to 1 cent I just want to see it go back to zero, actual zero where it was.
It started at 30K. It didn't even fall 99% or to a few buck, it went to LITERAL ZERO. Where it belongs. I just love this stock. Actual zero 💖
I can't wait for Bitcoin, Twitter, and others, to warm my heart and go to actual zero. Got to stay patient.
