Daily Price Movement / General Discussion, page-10674

@AlphaX

You're one of the few norms on HC. So can you do me a favour in the ever ending quest to destroy Goodfella and google "CVI investment warning" and tell me what you make of that article on Utopiacap's website?

It's all BS isn't it?

CVI are a major Zip shareholder and it's the website Goodfella used to try and convince me that Zip is in bed with basically fraudulent instos.

They might be haha, but this article is ridiculous don't you think?

I looked at one single stock (INPX is it's NASDAQ code) that website quoted as a CVI investment which led to extreme dilution and destruction of the share price down from thousands of dollars to $1 after CVI got involved. Although I couldn't find any info on that company's IPO or info about it that dates back anywhere near to where Google share price tracker says it launched. Which was back in early 2000s.

I looked up some of the other stock share prices that they quoted and came to the conclusion that Google and obviously other SP reporting data collectors seem to have an issue with accurately reporting many penny stocks and that Utopiacap was using this to intentionally mislead people into believing certain hedgefunds are fraudulent.

On the surface of the graphs they use, it seems these companies got absolutely annihilated. Yet then you zoom out on the INPX share price and find it goes literally up into the millions of dollars per share with a total valuation more than the entire worlds assets haha. In 2005 it had a share price (not market cap) of $648,000,000!

Is that about right in what this website has done? Or I miss something? Because I admittedly don't know much about all the penny stock trading that goes on.