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Re: Traderlife post# 3317

Tuesday, 03/28/2017 6:03:21 PM

Tuesday, March 28, 2017 6:03:21 PM

Post# of 138019
If you have been doing it for years...you know OS/AS don't matter in the pennies. It's all about the MOMO and NEWS! Yes this thing took a serious hit end of Feb till Friday cause dilution was RAMPANT. But the last few days is normal trading and you can tell. Will see what happens but my guess is we hit at least .005 with news this week. The stronger the news the more likely we hit .01.

Examples of stocks with billions and billions in AS/OS and still in mid pennies.

MJNA : AS 5 billion OS 3+ billion .12 cents.

CBIS : AS 3 billion OS 2+ billion .08 cents

MCOA : AS 5 billion OS 1.5+ billion .05 cents

MMEX : AS is like 10 billion now...and it just hit .01.