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Re: None

Tuesday, 10/14/2014 1:19:40 PM

Tuesday, October 14, 2014 1:19:40 PM

Post# of 106841
Spread is opened back up GRAND CANYON wide- looks like they're trying to put some air back in the tires, but it doesn't seem to be working so far IMO.

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.