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We've seen these Movies before. These IPO's come out RED Hot. Insider get in cheap. They dump on the retail followers. Eventually it comes to a very ugly end. Just look at $BWV and $TNON etc.
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$MEGL. I called it a trading scam at $249.00. said it would drop heavy. Sure did. Down to $8.00. Now finally the Dead cat Bounce on Heavy Volume. Soon trades will take their profits again. Volume will drop. Give it a few months. I think it's close to a $2.00 stock.
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