Publicity Stunt
I read about this yesterday where a smart gun company released an 8K announcing their intent to buy Freedom Group. So, a penny stock company is pumping its stock price by making a ridiculous offer that no one with any sense would take seriously. Remington execs were all like LOLUT? It’s either for publicity or to pump the stock.
Personally, I’d call to have the SEC investigate them.
March 13th, 2014 at 3:03 pm
“Personally, I’d call to have the SEC investigate them.”
Naw. If people are too dumb to do a scintilla of their own research before buying stocks, let Darwin’s Law remove them from the trading pool.