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Yes, all the big sells have been going through by 9:30 or so.
On Oct. 20th we closed at .028 on 350,000 shares traded. The very next day the stock closed at .008 with 4,762,478 shares traded. That was a precursor to the current situation we find ourselves in.
The 52 week low for the stock is .0025...could be heading in that direction if the selling continues.
Something happening behind the scenes the last few days that is causing this selloff. We be nice if the company released some updates.
Looks like blood bath today...
Could be...let's see how this plays out. Doesn't help that the company has remained silent throughout the selling spree.
Didn't notice, but not a great sign.
Just a basic response from him could get our price back to .05 in quick order, imo.
The e-mail went through this time, so at least we have a few inquiries for Lee's inbox. Looks like they are taking a low profile right now regarding any communication.
Got it...thanks!
Trapper, I sent to Alex Lee Recruit@samwell.com.H.K. Is that correct?
Mine came back undelivered.
Decent volume today...just need price to follow.
Appreciate all your efforts.
T.J., just sent e-mail to Mr. Lee. Will let the board know if I receive anything back.
I will start immediately.
T.J., sure hope they are not waiting for 4th quarter now.
Best outcome possible.
Your right...no rush to the exits.
I'm surprised as well.
That's true...
We are in a bad selling pattern right now. Interesting that it happening during a period when news would normally be expected and buying would naturally increase due to anticipation of a positive outcome regarding the merger.
Certainly could be...just so we get filings sometime this month.
I left a message at the end of the automated message.
Tried calling number today, but no luck so far.
T.J., thanks for the information. Looks like we should be getting the filings this month.
Thanks hanibal...I will try as well on Monday.
I didn't blame anyone for selling...just stating weak hands are in control right now.
Weak hands seem to be in control right now.
I certainly agree with you the company needs to release some news. Until then, weak hands will continue to sell.
This stock needs more buying and less selling.
That's correct...we need more local buying to increase volume and price. Updates from the company would be the key, imo.
Interesting observation...so what does it mean?
Updates needed to move this forward. Hopefully we seem them shortly.
Great DD on RCIT, picture becoming a little bit clearer.
If so that would be good news since we need some renewed interest in this reverse merger.
Great DD....
Thanks hanibal, I not sure either but many facts included as well.
Hanibal, not to my knowledge.
Given those choices, I think I will opt for $1.00...just saying.