Well the market is oversold. I understand you shifting your long term range down by 2 cents, but do you think that we could see a bounce off yesterday's nickel?
99% of penny stocks are pump and dumps, yet 100% of penny stocks pretend to be in the 1%. Contracts, patents, mergers, partnerships, and other such news are usually "too good to be true" and should be looked at in detail. The source should also be vetted.