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It's starting to look as if the dilution is done. If this is true, buyers will start sifting back into this stock over the coming days and weeks. Talk of .90 and 1.00 might not be too far-fetched over time.
It will be interesting to see just how much the company is increasing the outstanding share count when the dust finally settles. We are frozen at best as long as this dilution continues.
This is somehow staying above .70. Perhaps the longer it does, the better its chances of moving up. I'm in at .775, so I have my fingers crossed. Just a little bounce back to where we were last week is all I'm hoping for at this point.
It bounced in the other direction today at the end. Perhaps this is a good sign for next week.
Why the "LOD" predictions? I'm not saying you're wrong of that it can't happen, I just don't know why you're predicting it.
I will not be at all surprised to see this pass .80 and .90. It is showing a bit of upward movement now.
Wow...this is a baffling. I honestly expected this stock to be in the low to mid 80s today.
Well, I hope it turns out to be a good price. I see the potential here. I hope it gives all of us a nice profit.
I bought in at .775 - too high, but I think this will pan out in pretty short order.
This stock continues to look very weak when it should be showing strength. The next couple of days will tell the story in the short term.
Yes...me, too. Why is the share price dropping when there's every indication that it should be rising? I get the feeling there's something we don't know.
The bid whackers have absolute control of this stock. It is going to take significant news that drives heavy volume to the ask to break their hold.
Looking much better here. Maybe I should post my concerns more often. LOL! I'm holding.
Does anyone see this persistent sideways motion ending any time soon? Sadly, this is starting to look like dead money.
Yes, it looks like this stock is going to be dead in the water for some time now. I wish I'd sold in the mid 40s. Big mistake. I may have to take a much smaller profit here and move on.
I can't remember ever seeing a bid price stay higher than the ask prices for such a long period of time. This is strange.
It will be a very good sign if this stock can finish the day with upward momentum. Friday afternoons are tough.
If we can get some volume at the ask, this stock will head north very quickly.
It broke through 1.13 earlier, and you're right, the 1.21 area is next. There just might be some clear sailing after that.
Very nice. I went ahead and took my profit on the surge. Got out just before it plunged. Best of luck to all still in WRAP. I may rejoin at some point.
What's the link?
Yes, it did. I hope you are right. We need buyers at the ask.
The price can't increase until this seller goes away. He/she is killing this stock right now.
Significant selling going on here. I had hoped this was subsiding, but it is back with a vengeance. It is going to take some major news to move this north.
That's exactly how it looks to me. We just need to hold in the 3s for right now.
Yes, .04 is the barrier. It may not go easily as profit-taking has ensued and the price may stay in the 3s for a while. I hope not, considering I bought this at .04.
At the risk of sounding overly optimistic, I see some indications that the bid whacking may FINALLY be letting up.
25,000 shares at .02 - right on cue.
The seller continues to hammer away at the bid, often around 25,000 shares at a time. This is obviously someone who with a ton of shares who is going to unload them in increments until they're gone. The stock will suffer until he or she runs out.
We obviously have a seller or sellers with a lot of shares they are more than willing to sell at the bid. He, she or they are hitting the bid over and over with a similar number of shares each time. The stock will only drop as long as this goes on.
The sad thing is, the volume had more than doubled taking it to .035, then a 1,000-share bid whack dropped it. Something strange is going on with the bid whacking here and has been for three days now.
Yes, it might even be starting its turn as we write.
I have some ground to make up, but it sure seems like .06 or better is possible with this one.
LOL! Well, we'll see how that works out. At least try to sell at the ask!
I got in at .04 as well. I believe that price will look very good very soon, but someone seems determined to hit the bid over and over at this point. It was going on yesterday, too. It almost looks systematic.
I picked up a few at .0001 just to see what might happen. Any idea what kind of potential this has to move up? Thank you!
Hmmmm...either someone knows something, or they think they know something. This reversal is gaining momentum!
MMTC's motion is going to be three steps forward, two steps back, especially as it moves from current levels toward .02. If ongoing news is strong enough to push it past .02, I predict it will move more quickly from that point.
Is there a projected timetable for that certification? I picked up a few shares yesterday and believe this has some genuine potential. I've seen some of the recent spikes.
Looking for educated opinions here. That double barrier at .0008 (technical) and .001 (psychological) looks formidable to me. What will it take to break through this area? Not just any news is going to do it.