Michaels comments look sound there indeed but he may be one of the spruikers that the ASX was targeting and thus the suspension.
Some other stocks so spruiked were not so good and people lost money and were taken advantage of by the spruikers and 'red hearts' got a bad reputation before ASX noticed themselves. TD1 being an example of red hearts talking it up and creating huge volumes and discussion and now the company is totally in the doldrums and trading on low volumes and discussion. Apologies in advance if Michael not involved in that as his EXR comments are right on the money.
Trade4prophet was another example a few years before this and he did become a paid spruiker.
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1 | 20000 | 0.097 |
3 | 100207 | 0.096 |
7 | 424547 | 0.095 |
2 | 82425 | 0.094 |
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