Steer clear of Riot Blockchain

in #stock7 years ago

Just too many weird things going on.

From changing their name, to selling stock, to canceling their share holder meeting at the last second on two separate occasions the shady behavior goes on and on.

What's more, a quick call to those locations where the share holder meeting was supposed to take place revealed that there was never a share holder meeting scheduled in the first place.

Sounds like the definition of a pump and dump to me.

Caveat Emptor!

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Thanks for sharing @jandoe

I am not sure why the SEC has not shut it down yet to be honest.

there may be several factors, so they do not close it

Yes, they are likely barely skating around securities laws. For now.

Weird indeed o.o

This is the kind of behavior you see with penny stocks, not from stocks on the Nasdaq.

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