Monday, April 21, 2014 4:40:29 PM
Yes, the stock has been trading down on above average volume, but were not talking a million + shares a day. This decline has been gradual and does not reflect some insider news that would have dropped the stock like a brick. The decline could be do to several things, which all of you have speculated on (end of financing, warrant exercising, hedgers and flippers, technical traders, etc).
If we were smart (which I am not), we would not look at the stock until the end of the week...or longer. I'll be surprised if were not at 2 again by the end of the week. I will also say that until then, the next few days still look choppy. Unless they come out with some negative news justifying some red days, sit back and look at it as one last time to pick up a few more shares cheap.
JMHO
FEATURED Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • May 17, 2024 11:00 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
VPR Brands (VPRB) Reports First Quarter 2024 Financial Results • VPRB • May 17, 2024 8:04 AM
ILUS Provides a First Quarter Filing Update • ILUS • May 16, 2024 11:26 AM
Cannabix Technologies and Omega Laboratories Inc. enter Strategic Partnership to Commercialize Marijuana Breathalyzer Technology • BLO • May 16, 2024 8:13 AM
Avant Technologies to Revolutionize Data Center Management with Proprietary AI Software Platform • AVAI • May 16, 2024 8:00 AM