RE: Was today a P & D19 Nov 2021 21:53
Pump and dump suggests a coordinated ramping of a worthless company. Following this, those who promoted the company sell at a gain. As they offload the share price slumps. I think you belong on a different board.
This share has recently risen from a very low value. Why?
Initially the company has suggested there are potentially large contracts, close to being signed. Secondly, when the sp was below 1p they were able to convince institutional investors to add funds for exchange of shares at 25% above market price (this is what sold the company to me - if someone is prepared to part with £450k at a premium then I am wasting my time researching facts for a £5k punt). Thirdly, there is a global, not national, problem with freight distribution. Fourth, the company has diversified to include hygrometers as well as gps trackers as used by that small company, Pepsi cola. Fifth reason is the recognition from winning a prestigious competition hosted by a multi billion dollar company, dhl. Sixth and most important to me is that the directors are heavily invested.
Please don’t try to devalue this excellent company with cheap comments like ‘pump and dump’.
It was inevitable that comments like this would be posted once the sp started heading towards a more realistic value. For those new to this company, don’t listen to my comments or others, do your own research, like I did, and invest with confidence.