NanoLogix Inc (NNLX)

[Petro_Drlg_Engineer]

"downward spiral"? Sorry, but the facts do not appear to match your post.

Pulling up a 2 YEAR chart, the share price has gone from a high of 50cents Aug 2012, down but more recently has been relatively flat, bouncing off 10cents per share for a while. Alternatively looking at the 5 year chart; high of +$1 April 2010, down to lows of 11cents Jan 2014, now bouncing off 10cents a couple times.

So if the share price was 10cents in Jan 2014, or 5 months ago, and is NOW 11cents/share; this 10% net GAIN over 5 months is a 'downward spiral'? Seems to me alternatively one could see a 10% gain in less than 1/2 a year, as a prorated 20% gain per year.

Also find it interesting that while the Average Trading volume is now 62k shares traded per day, that +183k trade yesterday, roughly 3 times the average volume. Appears someone is buying this 'downward spiral'.