Wednesday, September 17, 2014 11:02:32 PM
I'm thinking a worse case scenario puts it in the .06 - .065 range which actually may not happen until the latter part of the month.
Some individuals have suggested .03 - .04 as a possible bottom but I think that's too low.
One of the problems in getting the stock to move higher is that there are substantially more individuals trying to flip the stock for 5-10% gains and there are a lot of shares held at higher prices where many individuals are just hoping to get back to break even so they can sell.
I also think that the expectations of many individuals of 300-500% returns in a matter of a few months are now tempered by reality.
Who would have thought three months ago that the share price would hit .083 today and another 1,000,000,000 shares will be added in a few days. How about those 153M shares for the 2014 Stock Plan.
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