Followers | 376 |
Posts | 17197 |
Boards Moderated | 3 |
Alias Born | 03/07/2014 |
![](https://investorshub.advfn.com/uicon/458287.png?cb=1657037051)
Tuesday, October 14, 2014 1:19:40 PM
Bid is at .0186 or so, very low (AM low of .0181) but no large buying is occurring. They now have the ask opened up to .0230 on that bid, like a 10% or 12% more spread, holy cow.
If this is "recovery tomorrow" or "recovery day" or it will never see below 2 cents again, I'm not so sure IMO. 2 cents or below might be the new "normal" for a while the way this is trading now. No bid support- and even the wide spread and PR is not propping it up. Just too much low priced share "overhang" IMO.
It would need to break back above the 200 DMA to even begin a recovery from this down trend- and that 200 DMA is now a long ways off from this price range and new, sub 2 cent bid.
FEATURED Element79 Gold Corp Announces 2024 Clover Work Plans & Nevada Portfolio Updates • Sep 10, 2024 11:00 AM
Kona Gold Beverage Inc. Reports $1.225 Million in Revenue and $133,000 Net Profit for the Quarter • KGKG • Sep 10, 2024 1:30 PM
Nightfood Holdings Inc. Completes Major Step on Uplist Journey by Closing Strategic All-Stock Acquisition of CarryoutSupplies.com • NGTF • Sep 10, 2024 8:15 AM
Element79 Gold Corp. Announces Sale of 100% Interest in Elder Creek, North Mill Creek, and Elephant Projects to 1472886 B.C. Ltd. • ELEM • Sep 9, 2024 9:34 AM
North Bay Resources Commences Gold Shipments, Fran Gold Project, British Columbia; Enters Taber Gold Mine JV, Sierra County, California • NBRI • Sep 9, 2024 9:15 AM
Simple Stock Loans Announces Unique Solutions For Investors Looking for Alternative Liquidity Amidst Recent Small Cap Rally Sep 6, 2024 9:30 AM