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Tanking below the low of day now
Interesting to see this double top out at 85 cents and then crash back down to the mid 60 cent level
NEWS FLASH: No one here has a handle on what's going on with this company
Yes she is making a decent stair stepping pattern but a pattern is not made in just a 48 hour period of time. We need at least five or so sessions before we can say that the trend has reversed. Following this company's clinical trials or business plan in quite some time. But I'm going to shoot an email over to the company just to see if there are any new developments that could be causing an interest in the shares
Looking forward to that breach thru the hod and follow-thru to over $1
Seems we may have a volume precedes news event starting here
And everyone said this company was filing bankruptcy
I'm on Ft. Lauderdale beach
Traders are taking profits at multiple levels, as long as there is profit to take.
If the company has news to drop, I just hope they drop it when the share price is closer to $1 per share than way down here
Hoping the latter is the case
Hello 0.08s
Thank you David Michery
Pull a 2 or 3 year chart on DRUG for a clearer perspective of just how low we are.
A push through the $0.85 level at some point this week or next should get us a nice spike over $1 per share and then perhaps shorts may begin covering.
Thing is,,,, if this is news related concerning something internally positive within the company itself, then we could be trading exponentially higher. I'm happy with the last two days worth of action with the spike from 41 cents to over 80 cents then the retracement back down to the .40s today followed by continuing buying
There simply has to be news in the pipeline that just hasn't hit the wires yet.
Stock twits is literally on fire
DRUG CHART IS CERTAINLY LOOKING FANTASTIC
I find it hilarious that no one here has a clue what's happening with this company, including myself. Nobody knew when the bottom was going to be. The company could have just as easily filed bankruptcy moments after anyone bought this in the .20s
It's a total crap shoot
Yes ...but things can always be worse
I really am shocked that there are individuals selling their stock at such a loss
But congratulations to you for picking those up.
Indeed...but we will ultimately recover a fair portion of those paper losses. In the meantime...
Breathe..
The Russell 2000 and Russell 3000 fund managers must be pulling their hair out right around now after having purchased this substantially higher than $1 per share
This was extremely heavily shorted from the $3 range or so. Much easier to cover all of those shares at a substantially lower price, hence today's volume. I'm just wondering why the shares moved up from 40 cents to over 80 cents earlier in the session. One would think there might be some news pending...
I'm not concerned. I've been down hundreds of thousands of dollars before and sometimes these things will make one hell of a run at some point in the future restoring a good portion of your investment back. You just have to be patient. There's no point in selling now
Correct me if I'm wrong but wasn't this one of the highest short interest stocks over the past year?
Volume precedes news
I see no pump involved today anywhere
This stock has immense short interest and I can see this busting through the $1 level this week easily
DRUG ran from the 40 cent level to over 80 cents today. Anything is possible
Stock twits is on fire on it. 1 post every few seconds
What is the reason for today's percentage gain?
Ahh ok.... I was referencing those individuals that purchased shares at a 50% discount to $0.04 and wanting to take a fast double
A wash sale occurs only when you sell a stock at a LOSS and purchase that same or similar stock back within 30 days. The wash sale prohibits that individual from being able to write off the stock loss against any future gains.
I'm thinking once we head into the .04's we start to see an increase in volume followed by profit taking. After the retracement back to the high .02s there should be a secondary move through the .04 resistance leading us to that ultimate resistance at .06
Where are the sicarios?
No more 1's thru 6's
I think we have most of the frustrated semi homeless people out of the stock already
Looks like TikTok is here to stay as well
I wonder whatever happened to our CEO
I just threw up in my mouth
Low volume = low visibility from potential NFT investors, imo
They need to come through with some exposure
Volume still blows. We need 1M+ volume to see any substantial move here and really... 1M shares is nothing
Getting?
Most have given up on MULN
Not me.
I'm just hanging in there but not averaging down. What's the use of throwing good money after bad into a stock that David continues to sell?
Hello $0.09s
Feet appreciation?