Tuesday, October 04, 2016 5:10:17 PM
And down today lower than the prior low! In fact, DCLT closed today at 0.001461 - BELOW THE LOW BID yesterday!
Yesterday, sunbuddy prolly had an old limit buy GTC order ~OUTT from many months ago and forgot to cancel it. When the ASK dropped to 0.0018 it gott hitt.
Prolly doesn't even know that a crushing 1 for 30 reverse split is coming.
As an EXAMPLE of the effect of REVERSE SPLITS on PPS, let's looks at how the 1 for 25.1 reverse split on NTEK work ~OUTT? A 70 PERCENT LOSS within 60 days of the RS.
That's how RS's in pennyland work - they lead to two things: brutal 50-80 percent prompt losses, then continual losses until the NEXT reverse split.
The dropping BID and ASK here tell the story.
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