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No reason to sell a stock that is grossly oversold, generating revenues, has a low float, and an FDA approval coming.
Only a fool would sell down here.
I'm buying up all the cheapies I can here. Know what you own and follow volume trends, not price.
This stock has dropped a ton on pathetically low volume. Smart money is holding and buying more.
You're still working on that whole win big part....
Amazing watching people sell this stock so close to a 52 week low and with FDA news expected literally anytime.
If you guys want to sell me some more in the .06's I'll happily meet you all down there.
Such a clown. You missed the lows on this one AGAIN. You were wrong, AGAIN.
I've been watching you on Ihub for a year and you are one of the most consistently wrong people I've ever seen.
Good entertainment though.
Buy now or miss the boat. AGAIN.
LOL
You're a clown, you said .05 just a day ago.
Boom! Bidsitters chase now.
i do too. At 18 cents the stock was dangerously close to a thick resistance point. Smart traders would've waited for it to clear or fail on that resistance.
This isn't my first rodeo, I've been doing this 15 years, no need to warn me about anything.
Those that bought .18 should get a chance to make a profit though, it just has to recover from the profit taking from the people who bought .05's and .06's
It's doing that as we speak.
Bid sitters, you are inviting bidwhacking which is good for nobody. This support is holding strong, if you want in, but the ask and we can get this thing moving again.
If anything people will come back to DRIO because there just aren't very many good penny plays right now.
Especially ones with as many positives as DRIO.
Nah, it might take a bit for buyers to come back, people are naturally cautious, but they will.
I doubt everyone suddenly forgot about all the great aspects of this stock.
Might trade sideways for a bit, but the worm will turn.
No PR needed for that. That's fluff news. I'd be very disappointed if they paid money to PR that.
What we need now is FDA approval.
There will be fewer sellers the further down we go. Why sell for chump change when you can hold cheapies for .25 after this recovers?
I'm going to go out on a limb and say this is the bottom.
If I'm wrong I'll gladly eat crow.
This is destined for much higher than this. Nice to see it bounce off support. Strength is being shown down here.
Bouncing here.
Fools selling. This should be reload zone for .25 cents.
It's "you're".
You're welcome.
Support held...again.
MM's wanted to take this a low as they possibly could without crushing investor confidence. They needed to scoop up as many shares as they could.
This stock should have a market cap at least triple what it is right now.
There are stocks out there in OTC land with 10-20 times the market cap that have absolutely no marketable product, loads of debt and dilution and yet somehow trade higher than DRIO.
Easy to see where this is going long term.
Get in now because this will bounce off the double bottom hard tomorrow am.
Not really. If the stock was dropping on bad news then it would be nasty. This is late stage profit taking. This stock was five pennies not long ago. And over a dollar not long before that.
It'll bounce.
Yep, looking like a double bottom here. Buy signal if I ever saw one, hence why I bought. lol
Also, remember that the best time to buy a stock is when it's in a violent downturn. This thing is approaching nearly 50% down from it's highs.
I'm gambling a fair chunk of change that this turns around sooner rather than later. If not, I'll eat the loss and just hold my .0682's for the long haul.
Absolutely nothing but profit taking. No bad news has come out. In fact, most expect FDA approval by end of the year.
This might drop further, but the mid to long term outlook for me is still a dollar plus.
Nothing has changed except flippers exiting.
It'll turn back upward, we just have to burn off the last of the flippers off the 52 week lows. At the rate it's churned the past few trading days they should be just about done.
Just opened another flip position. Let's see if this is truly bounce time.
Yup, I don't fight with bears. Too easy for MM's to have their backs.
In a fight with MM's, retail usually loses.
I'm waiting with my finger on the trigger though when it bottoms.
Still bullish here long term.
This may retest it's 52 week lows. We still haven't had a truly high volume down day to match the high volume up days we had during the run up.
That's the biggest reason I think this will head lower.
Looks like someone is moving their ask down. Watch for a potential bidwhack here.
I tend to trade volume trends, not price trends. Volume disappeared and the uptrend went south at about 10-15% a day.
I will open another flipping position when volume confirms another uptrend.
I still hold a core position at .0682 that i'm in for the long haul. If it happens to drop that low again, I'll add more to it for sure.
The long term outlook here is too good.
Problem is it's an OTC penny stock and those are dominated by flippers.
I choose to join them, not fight them.
I call the plays as I see them. I don't fall in love with stocks, I fall in love with trends.
Pumpers usually end up bagholders on the OTC.
This is destined to go down under a dime before it goes back up. Far too many shares still being held down there and they will sell to secure a profit, no matter how small.
Lack of volume means bidwhack after bidwhack to escape.
I own hundreds of thousands at .0682 and haven't sold a single share from that core. You conveniently ignore all my positive posts when the stock was doing well I see.
That's ok. Name calling and cherry picking are symptoms of overemotional types.
Best of luck to you. After all, if the stock goes up, we both win.
Yeah, I'm sure that's it.
No conspiracy here, people are just taking their profits and exiting stage left. You're too emotional for this game.
Right on cue. Flippers who missed their opportunity to sell higher are dumping to protect their cost basis.
Please, everyone here has an agenda and it's making money. Nobody should listen to anybody on this site. It's a place to voice opinions.
If you buy and sell on others opinions you are making a huge mistake.
I don't care about what you think of me. Especially with the way you speak to me. I advise you calm down. Getting so worked up over a trader voicing his opinion is unhealthy.
Agreed, glad to see another level head around here.
Not turned on anything. I advise you keep your emotions in check. I still hold .068's for my core long term hold.
I also flip.
Just posting my opinions of what I see happening, relax.
MM's want this back under a dime for their own ends. Scared flippers are helping them.
Buyer beware until it bottoms.
MM's are taking advantage of timid retail and passing shares back and forth to keep it from taking off.
This has been their M/O for the past couple weeks.
When they are ready to let it go it'll fly again. My guess is EOD, but maybe tomorrow at the latest.
Nowhere to go but up. Whoever just had their ask taken out will regret selling it so low. This is the bottom.