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Re: Blue flag post# 1961

Wednesday, 12/21/2016 10:29:55 PM

Wednesday, December 21, 2016 10:29:55 PM

Post# of 3413
LOL! Are you serious? I don't even know where to begin. This has been trading in the .001 - .002 range now for months, so this .0016 close is not only still well within that range, but it's much higher than the low end of it. This is a consolidation phase, plain and simple. Today's close is no different than any of the other closes in recent months, from .001 to .002. Right now we're building a base above .001 and below .002, really nothing more going on than that and today's close is right in line with that.

What makes your comment especially ridiculous, if you actually believe it, is this 'crash' is not actually a crash whatsoever. I already mentioned that the .0016 close isn't bad whatsoever and still keeps us making higher lows and still is above most all of it's moving averages. However, lets just say that this .0016 close was bad. If you actually look at the trading today, virtually ALL of the trades and volume were at .0019 and the .0016 close was the ONLY print at this price all day, and it was a trade of 1k shares!!!!!! Do the math, this CRASH that you're referring to was a trade at the bid for $1.60. Read that again, one dollar and sixty cents.

Get out of here with that crash talk and this looks ugly, this is just as bullish as ever.