The new CEO (actually not even CEO yet) is going out of his way on social media to proclaim that MGT Capital (MGT) is not a pump and dump. https://twitter.com/officialmcafee/status/735869367133540352!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs"); Besides his social media posts, the news today is even more bizarre. The proposed CEO is proposing to buy Demonsaw LLC for 20 million restricted shares. Demonsaw is led by the Lead Programmer for GTA. Of course, the stock is up 10% on the news. Similar to other news regarding MGT Capital, the press release is long on name dropping and short on financials. For those keeping track now, MGT has 70 million shares outstanding and a valuation of $175 million. Disclosure: No position