It wouldn't surprise me if this is the case. This is the first pinky that I dont have a stop loss on. My average was 0.04 now I'm down to 0.032. Buying on the dips this week helped tremendously.
With this new management team, restructuring and revenues I think we're sitting on a goldmine. This is one I'm actually going to just try to add to for the next 6 months. The way this thing moves I dont want to miss the ride.
If dilution is done we will hopefully go above 0.08 for chart purposes and a extra base before earnings report. The way this chart is looking they know what their goal is and how to achieve it. I was afraid of the death spiral but have been amazed at the bid support and cross trades. With this management teams experience/track record/company revenues we are in for one hell of a ride!
If dilution is not done it's ok. This sucker bounces so fast any loses will be in our rear view mirror as long as they stay on track.