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Everytime news comes out someone takes the opportunity

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Narcissistic Nostalgia  Member Profile
 
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Progressive Care Reports Stellar Third Quarter Results "InvestorsHub NewsWire" - 11/15/2017 8:30:00 AM
Progressive Care Announces Third Quarter Conference Call and Webcast with Investors on November 14, 2017 "InvestorsHub NewsWire" - 11/13/2017 9:34:28 AM
Progressive Care Pays Down Chicago Venture Partners Note in Second Installment "InvestorsHub NewsWire" - 10/26/2017 10:40:37 AM
Progressive Care Reports $1.5 Million Revenues on 17,000 Prescriptions in September "InvestorsHub NewsWire" - 10/13/2017 9:34:27 AM
Progressive Care Submits Application for OTCQB Listing "InvestorsHub NewsWire" - 10/5/2017 8:30:00 AM
Progressive Care Appoints Oleg Firer as an Independent Board Member MIAMI, FL (Marketwired September 25 2017) - Progressive "InvestorsHub NewsWire" - 9/25/2017 9:16:38 AM
Progressive Care Reports $1.8 Million Revenues on 20,000 Prescriptions in August "InvestorsHub NewsWire" - 9/19/2017 8:30:00 AM
Progressive Care Is Open Following Hurricane Irma MIAMI "InvestorsHub NewsWire" - 9/12/2017 12:03:50 PM
Progressive Care Is Open Following Hurricane Irma MIAMI "InvestorsHub NewsWire" - 9/12/2017 11:54:50 AM
Progressive Care Delivers Thousands of Emergency Medications and Prepares for Hurricane Irma "InvestorsHub NewsWire" - 9/8/2017 10:23:42 AM
Progressive Care Reports $1.7 Million in Revenues in July "InvestorsHub NewsWire" - 8/23/2017 10:26:37 AM
Progressive Care Reports Second Quarter 2017 Results "InvestorsHub NewsWire" - 8/14/2017 3:50:13 PM
Progressive Care Reports Amended Agreement with Chicago Venture Partners "InvestorsHub NewsWire" - 8/10/2017 11:46:42 AM
Progressive Care Announces Second Quarter Conference Call and Webcast with Investors on August 14, 2017 "InvestorsHub NewsWire" - 8/8/2017 8:30:00 AM
Progressive Care Announces New Independent Board Member: Jervis Hough, MS, CSCP "InvestorsHub NewsWire" - 8/7/2017 8:30:00 AM
Progressive Care Engages IR Firm First Look Equities "InvestorsHub NewsWire" - 8/3/2017 10:44:09 AM
Progressive Care Reports Second Quarter Status Update "InvestorsHub NewsWire" - 7/14/2017 2:00:01 PM
Progressive Care Reports 18% Increase in Revenue for April and May 2017 "InvestorsHub NewsWire" - 6/8/2017 10:16:42 AM
Progressive Care Reports First Quarter 2017 Results "InvestorsHub NewsWire" - 5/18/2017 2:03:51 PM
Progressive Care Announces First Quarter Conference Call and Webcast with Investors on May 15, 2017 "InvestorsHub NewsWire" - 5/12/2017 4:46:47 PM
Progressive Care Initiates Process to Upgrade to OTCQB "InvestorsHub NewsWire" - 5/12/2017 8:30:00 AM
Progressive Care Increases Revenue by 10% for March 2017 "InvestorsHub NewsWire" - 4/21/2017 8:30:00 AM
Progressive Care Partners with Healthcare IT Company MDFlow Systems "InvestorsHub NewsWire" - 4/13/2017 8:30:00 AM
Progressive Care Releases Audited 2016 Annual Report "InvestorsHub NewsWire" - 4/4/2017 12:50:11 PM
Progressive Care Announces Fourth Quarter Conference Call and Webcast with Investors on April 3, 2017 "InvestorsHub NewsWire" - 3/31/2017 2:09:22 PM
Narcissistic Nostalgia   Friday, 11/10/17 04:39:02 PM
Re: None
Post # of 64058 
Everytime news comes out someone takes the opportunity to lower the ask...People getting in at dirt cheap prices. That's cool.

What about dedicated longs? How are they rewarded? They see nothing but a decline in price. The newer traders think they get in at perfect prices. And either A) Get fed up and impatient and sell for a loss once they realize this isn't going to be a quick flip, or B) When the price does finally start to rise they flip for little gains, ultimately making it harder for the price to rise and gain traction.

It's frustrating as hell...

So, whenever I see buys like this, that's cool. It's good that more people are getting in. But when there are buys like this on a down day...It makes me think what's going to happen when this price does rise. Will the people who bought lower start flipping at ~.0175 or are they going to go long?

Not many people go long on penny stocks.

In the long run, this will more than likely turn out to be a success story. But short term it's so damn frustrating to see this kind of nonsense happen.


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