Recycle Tech crashing despite pumping and PR
A quick lesson in the vagaries of penny stock promotions.
A barrage of thin-gruel PR (see below) hasn't kept Recycle Tech from crashing today. 7.5 million shares of this junk pile have changed hands before noon today. Who do you suppose is selling? Why do you suppose the PR and the stock promotion all came out the same week?
And we still don't know who's paying for this pump job. Remember, according to the filings, only Joseph Meuse and Recycle Tech itself could own enough shares to pay titanstocks what it claimed it was paid to try and pump this with its promotions.
I've called recycle tech to ask them that question. No surprise, the call wasn't returned.
The recent barrage of yawn-worthy PR designed to dupe speculators: Emerging Stock Report Initiates Independent Research Coverage on Recycle Tech, Inc.
GlobeNewswire(Wed 9:00am)Recycle Tech's Virtual Tour of Models to Be Webcast Today
PR Newswire(Wed 8:00am)Recycle Tech Signs Binding LOI to Build Up To 50 'Haiti Relief' Units in Port de Paix
PR Newswire(Tue 4:15pm)Recycle Tech, Inc. Announces Green Container to Supersede Hurricane and Seismic Resistance Standards
PR Newswire(Tue 8:00am)Recycle Tech Opens Green Container Showroom in Historic Wynwood TODAY, Unveils Emergency Multiple Human Shelter Prototype for Media and Contractors To View
PR Newswire(Mon, Feb 22)Recycle Tech, Inc. Announces its Acquisition by Green Building and Engineering, LLC
PR Newswire(Thu, Feb 18)