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Saturday, April 25, 2015 10:43:07 AM
Low volume at $.0001 because pros have first crack at buys and retail doesn't want to sell at a 50% or more loss. They'd rather hold and hope for a miracle.
Low volume at $.0003 because much of the retail $.0002s will sell for a 50% profit and the pros don't want to fund that!
So it's going to be mostly $.0002s for a long time, until retail gives up and starts dumping at $.0002 (which began on Friday). Eventually, they're going to be forced to do a reverse split, then try pumping and dumping again.
Competing is intense among humans, and within a group, selfish individuals always win. But in contests between groups, groups of altruists always beat groups of selfish individuals.
E. O. Wilson
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