Originally Posted by
RAFEngO74to09
Shares are often used to complete acquisitions with the seller getting a discounted price [although that didn't happen in this case]. Then, using a combination of PRs and "other means" [which I won't give away here], stocks get "run up" periodically. Members of the public see the move and buy shares at ever increasing prices propelling the price even higher. Along the way, the recipient of the shares [the seller of the Tristars in this instance] can sell the shares and bank a profit if they wish.
AKA "Pump and dump".
I'm glad to see a fellow trader being profitable, esp. with such volatile instruments.
For me penny stocks are just too "dangerous" and I wouldn't touch them with a barge pole.