As it is punctuated by denials (“Totally baseless!”), all the periods should be read as Refutation.
Afterthought: Two additional words come to mind - Explosion, Sanction which makes a total of seventeen words. By the way, the inspiration for this post came from The History Of The Universe in 200 words or less, by Eric Schulman which I remember reading in the Annals of Improbable Research.
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