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Re: BottomBounce post# 10860

Saturday, 09/24/2016 6:36:13 PM

Saturday, September 24, 2016 6:36:13 PM

Post# of 19856
Myopinion, >> FDBL <<


Wow, that's one nasty looking chart. On the plus side the long downtrend has leveled off over the past 2 years, so it's more or less going sideways, albeit over a very wide range. The fact that it spiked up in April shows it can bounce, but being a sub-penny stock also means they could declare BK at any time.

Support is .0025 (Dec 205 lows), and looks like it might re-test that level. I've never bought a sub-penny, but looks like the daily trading volume has improved since the April spike, so at least it should be liquid enough for trading. GL with it :o)




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