The "random microcap runner" isn't random. Here's what 5 years of SEC filings actually show.

Kept noticing the same stocks show up on the biggest-gainer list, crash 60% a month later, do a reverse split, then reappear 18 months later doing it again. Wanted to know if it was a real pattern or if I was just pattern-matching on noise, so spent a few months pulling SEC filings on the whole small-cap universe. It's a pattern, and most of it is on file in advance. Rough shape: Company can't fund from operations, files a 424B with a structured financier. Gets zero attention. Reverse split for

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