This “devastating” news came out and the stock at the end of the day dropped only 14%. What does that tell you?
It tells me that a bunch of shareholders panicked and a bunch more seasoned investors seized the opportunity and bought it all up.
If the stock was going to tank it would’ve dropped more than 50% and stayed there. Don’t forget, we dropped to a low of $.0022 just three or four sessions ago and then the day after that the stock went up to $.0039. Almost double from that low of the day before! Even with this “bad“ news we are above that. 0022 low.
The stock will be wobbly most of next week but by Thursday or Friday it will consolidate, solidify and start slowly working its way up. Any decent news and it could easily double
I monitor dozens of Stocks daily and I monitor each stack for months to try to understand it’s pattern. Every time and OTC stock jumped the way NPHC did, it retreats 70%, consolidates and then starts to climb again. That’s what’s happening now. Our most recent high was .0069 and we are now at about third of that. I see this happen regularly and with all the positive news and restructuring that is happening I know we will be fine