Interesting . Something a lot of investors probably didn't know so it's good you point that out .
I can see this deceiving the traders , going as high as 6.2c before crashing back to 2.3c . The rise to 6c tricking traders into false belief Tver it's going to do an rap or nor, before retracing close to where it started .
Fun to watch from the sidelines . As I won't be loosing any money on a high risk stock .
I stay away from these heavily diluted (excess of 500mill shares) stocks . Especially in an already flooded market of overrated technology . Or lack thereof . Anyone can hype an idea saying it's going to do this and be better than Netflix . That right there is hint . Any good company with great potential would never talk a billion dollar company down and brag how much better they are (without even earning a cent yet other than from a capital raise ) . Especially in their prospectus and on the main page of their website . I mean if it's that good there'd be no need to compare to an already established billion dollar company .
It's like coming up with a new social media site (which isn't hard ) and saying it's going to be better and bigger than Facebook and that Facebook is living in the dark ages . Now who's gonna be gullable enough to invest in my new social media site in the basis if some hype etc. it's been done .
Like I said a while back . If this tv2 was a real threat it would have been bought out by Netflix etc . But I stead was bought for 500k$ wasn't it ? Can't remember the exact amount was was tiny .
Nevertheless let's see what happens 4 weeks from now
