I posted last week that most likely this will happen, especially before any historical super jumps up. I am surprised it only fell around 20% to .0022 This stock is known to drop, up to 35% suddenly. Reason is that this stock is heavily invested by Day Traders with technical trading and long term investors, as well as, as always in penny land, day dreamers too. After technical trading goals are reached, day traders will dump and stock moves down dramatically. After technical trading, it really, lack of a better term, becomes gambling and all technical rules are out. As you see from historical data, that happens often. Yet, when comes to gambling...weather or not all takes off tomorrow, in that sense, up to 35% drop is normal...happened in February, March, happened in April and through out until present day. Often takes off back up again within day or two. Hopefully sooner since many are expecting good pr and news tomorrow. Personally, with this stock, I had positions from .0014 to all the way .0024 Cashed in all .0013 to .0017 investments this morning at .0030's and left reserves for gambling aspect too. This way if all goes bad tomorrow, still left on positive balance sheet. If all goes well, then portfolio safe and not sorry. Support was for today .0017-.0022 to Resistance at .0032-.0035 in technical trading so seems to move just normally according to all technical analysis, basic day trading rules today. My opinion solely, always do your own investing and research.
