.007 PRE-MARKET TRADE, 275K shares??
WOW, I can't remember when I last saw this one post a pre-market trade?
But the OTC site had 275K volume showing @ .007 about 1/2 hour before the market opened. Looked like a legit trade, as the time stamp was marked w/ today's date and the time jived with this AM.
Current OTC market Level II "stack" is showing:
0.008 / 0.0092 (20000 x 20800)
There's only a lousy 20K left at that .008 Bid, and then .0065 all below that. Looks to me like the floor can drop out from under this one, faster than one can spit.
BMAK is now clear down at .0045 with their usual 10K share block "hard floor", which usually means they, as one of the key dilution MM's, will take it down to that level sooner than later, if the pattern of the past 2 yrs or more is any indication of how the dilution MM, market makers "do what they do". ALL toxic, convertible debt driving this ship into the rocks IMO, simple as that. Purely the dilution, convertible debt boys (Magna, Daniel James, Fourth Man, etc SEE SEC FILINGS OF USRM) ..purely them dilution debt boys in total control of share price movement as far as I can see and tell.
SUB ONE CENT AGAIN...looks like PINK SHEETS could be on their way again..as Poor Man- correctly pointed out.
Took um less than 10 MONTHS to go from above $1 buck, after a massive 1-for-1000 reverse split, to now back to a SUB ONE CENT... two ZEROES after the decimal, making it a sub penny stinker once again. How long to THREE ZEROS after the decimal, who freaking knows, but I'd bet it's coming, given 5 plus years and now 99.99% losses on this one, and endless use of toxic, convertible debt dilution based financing deals....
And it's still being hyped n heavily "promoted". Question I have, is who's picking up the "tab" to have this so heavily "promoted" here, among potentially several other penny hype boards? Would like to see the "data" and facts behind that...yes sir...would really like to find out them details.
Posts are only my amateur opinions, personal views and thoughts. They are not any type of investment advice. Do one's own due diligence.
