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Agree. Understand how frustrating this is to watch. I'm down a good amount too since I bought back in in the .03s
But emotional trading is a recipe for disaster. Patience and I expect we will see .04 minimum again within a week or two. Just need next real news, not just fluff PRs
It looked the same last time right before it went to .053
This has been a shit show no doubt, but I expect another run on the next real news.
Coronavirus.
I mean, it went to .053 on the merger news. It will run again when we get the next real catalyst.
Agree fully. Although this has been far from ideal I still think we will see another run to .05+ in the near future at the least.
I'm not aware of the one you mentioned in dm, could you share your thoughts regarding it? Thanks StockHobit :)
A mm who often handles dilution. So if they're done that's very positive.
Great intel. Thanks for sharing buddy :)
That's good. Things seem to be moving along. Also thanks for the PB StockHobit. I don't have the messenging account though so can't reply. I had thought the time line was this week, so I wonder what changed? Anyway thank you
Understand the frustration but I think it will happen within the next weeks
Once we get the next news and the super 8k we'll be on our way to .05 again
If not just as much then probably more. Not like things have gotten less corrupt.
They have to get all their cheap shares first before letting it run.
.05 coming soon.
The account distribution is still very high and relatively stable. Most people are just holding and waiting for next catalyst
Climbing yahoo trending list again, just like before the last big run.
$ozsc rising in the Yahoo Trending Ticker List pic.twitter.com/0vl5Bfi623
— Kidman232 Penny Stock Investor (@KKidman232) July 12, 2020
Not feasible for most retail traders no. But large groups and MM themselves can and do short the hell out of penny stocks. They can basically manipulate it however they want. OTC is wild west.
I expect the next run to go past .053 high of last time
I think that's for the best and will have more positive impact.
Very bullish signal. Same thing happend before last run to .053
There's almost always a sell off Friday close.
Many traders don't hold penny stocks over the weekend. That's just normal.
I think we'll hit .04 again next week at least.
Thanks for sharing this info :)
MM and larger groups bottom loading for past few days along with covering their shorts. Once their done + next news and we run to .05 again imo.
I didn't mean becoming millionaires from this stock, I meant the overall journey across all investments etc.
Sweet is an understatement. I'll be happy enough when we run to .05 again
Get to being millionaires eventually
When the next run finally begins we will go past .053 imo
Agree. Patience is key. Don't get emotional. I think we will hit .05+ again within next week or two.
Understandable but investor sentiment fluctuates so much. Many traders are fickle. On the next big news most of the investors who sold will end up chasing to buy back in as it runs up.
The continued sell off now will only make the run more explosive when it occurs because of that. Just need a little patience imo.
I did almost the same thing. I'm not worried because we'll see .05s again soon but it definitely would've been a lot nicer to buy back in at these levels. Oh well, all a learning experience
And it's important to note that our maintained support levels this week are still significantly higher than the support levels prior to the last big run up to .053
I think next big run will go to .07s launching from our new support levels here.
I mean, to be fair, you might be a little annoyed too if you were him.
Feel bad for your friend. I bought a good amount at .035 as it was going back down.
Difference is instead of selling for a massive loss I just averaged down and next run to .05 range I'll make massive profits again :)
Even if your timing is off, patience can fix it.
That's excellent news. Thanks for sharing
Looking increasingly likely that we hit .10+ this month imo.
I think it will continue to stay around these levels with the low volume. Once there is another catalyst and volume increases it will quickly hit .13+
In the meantime it's just buy and hold.
Fair enough lol Who knows anything is possible in OTC.
78.92$ haha that'd be something wouldn't it.
I'd be happy with a more reasonable .10 to .15 within next few weeks.
Agree. I think the next big run will push past the .05s range and into .07s launching from our new support levels here.
.25 is possible if we got some amazing news, but more conservatively my target is .10 in the near future. Either way looking good.