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Maybe those people have taken pain here and have a legitimate hatred for this stock? Gnashing of teeth isn't uncommon in penny hell. Sure, there's a decent possibility this junk will get pumped so you can escape but odds aren't favorable enough to gamble on it at this point. What seems more probable is a reverse split or that this garbage will simply sit at zero for years and years. The future of NSEH is bright!
No sign of bottom yet imo, waiting to see if this 9.8-9.9 region holds.
I still won't be surprised if we see lower levels. I'm waiting for a signal that it might be ready to bounce, and it hasn't shown me that yet. I think we're getting close, but I'll wait patiently until then.
Watching 9.87 and expecting this to bounce soon. Very oversold.
I'm sure it will find its intrinsic value in time, as it has been doing for the past few years. It is trading below a penny after all. This is the land where nimble traders profit while loyal investors get burned.
Time for a little bounce perhaps?
I agree lol... right into the support region.
Anyone know which market makers are on the ask right now? Seems like dilution may be starting again.
Looking overstretched here. Pullback coming next week imo
Looking for more upside here, too. Still questioning it, but definitely don't want to be short right now.
Bounce seems pretty weak so far as expected
Breaking out today. Short term target 105
Maybe .02 but I expect a bit of resistance after that. Diluted bounces don't have a lot of strength without news, at least from my experience. I think some expect a lot more.
I think this is setup for a bounce based on the oversold intraday charts, but this is at the mercy of the dilutors. If dilution stops now and this bounces above .023 - .025 without news, I will be very surprised. Really need have L2 to make a good trading decision here, though.
In any case, I still expect more dilution to come.
If .01 support breaks hard, I expect .003 - .004 to follow quickly
Yes, but in this scenario .0018 is more probable than .099. We know dilution is occurring as we speak. I think everyone deserves to know what's going on rather than being told they're going to get a 10 bagger next week/month if they buy the dip now.
I was here when that move happened. It was a great trade for the people who took it, but just because it had a good run doesn't mean it has to repeat. Where were you when this thing dropped from .40 to .002? Look at a weekly chart and you will see the float is gaining weight. The more shares in the float, the more buying pressure it will require to move.
What's worse: stating what we think will most likely happen as a result of what we know for certain, or encouraging people to blindly buy the dip here as it will rebound hard soon?
What if it doesn't rebound the way you expect?
These are penny stocks; we both know the nature of these things.
More power to you if you believe in the company, but I have a much different outlook here. When this was trading over .20 ~3 years ago, people marched to the same beat. Since then, the float has increased, and the share price has depreciated significantly. All this has going for it is hope that things will line up for the company. Hopium.
Also fwiw, crude futures are trading around $50, so I don't see how that brightens the outlook here.
Wow that's even worse than I realized... People who are buying right now need to realize what they're getting themselves into.
Won't be surprised if we see sub penny within the next week.
Anyone have an L2 SS to share?
Anyone here watching L2 today? Any dilutors on ask?
added feb 102 calls here today
Added puts here today. Will see how in plays out into the beginning of next week.
Ha, what's new in penny land? Haven't watched l2 here, but this looks due for a pump sometime soon if you can tolerate the risk.
Puts puts get your puts $$$
All imo
Any proof of that?
Yeah on friday it closes at 1:00
Lots of buying pressure here! Still a great opportunity to get in
Big hits at the ask coming in
350k bid @ .07, nice
Not much left at .0017!
L2 thinned out
Look at your intraday charts
5 million bid @ .0064
Look how thin L2 is now
Hoping I can get some .0002-3's tomorrow. Would have been buying today but I was too caught up with a couple other tickers. Peak point of opportunity here imo!
Yep this looks due for a bounce once they cool off the dilution