Wednesday, November 30, 2016 3:30:19 PM
Yes, some bottom fishers made money, but only if they're actively in and out of $TXHD, and in any event only small amounts of cash is put in as throw away risk money.
No-one would invest say $100k into $TXHD like they would a $0.25+ stock. Total trading today if you used 5M shares @ $0.0015 = $7,500 (and you know I'm being generous since $0.0015 hasn't even been touched once). That's not upward strength IMO.
In reality a move from $0.0006 to $0.0028 means $TXHD went from 99.5% off its 52-week low to 98% off its 52-week low. Currently the stock is 99% off its 52-week low.
The next share flood hits the market just around Christmas 2016. My target is $0.0002-4 based on the other price collapses, and a guess that by early January $TXHD has close to 2B O/S.
The paradox of iHub: buy high, sell low
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