FOR ANYONE WHO MISSED IT - READ
Repost from @rayinbrooklyn65
IJJP: Let's be realistic here... the stock closed at 0.0015 on February 5th; today it closed down modestly (- 5.4%) at 0.0053. This represents a change in price of + 253% over the past 12 trading sessions.
By any measure, this price movement is an outstanding return on investment for any trade. The stock is taking a "breather" here to cycle out the those shorter-term investors who entered in the high teens and low 0.002s and are bringing in new investors in the low to mid 0.005s who see the potential for the IJJP moving forward. For every seller there is a buyer. As I have stated in the past this cycling in and out of new investors keeps the rally sustainable; no stock can go up in perpetuity - it stands against basic economic principles.
Today's volume of 35.9 million shares remains above the 90-day average volume (33.2 million shares), which indicates sustained investor interest in IJJP. This continued interest, along with anticipated ongoing news releases about the company's business will continue to pique investors' interest and keep the rally moving forward toward the next plateau: the 0.01 level.
IJJP is indeed a multi-level play here with plateaus well beyond the 0.01 level, as this is a short-term objective. Investors with the patience (and spinal fortitude) will reap significant financial benefits well beyond a penny should they have the will to remain engaged and not be panicked by the day-to-day fluctuations in the stock price.
Lastly, please remember, this is NOT a momentum play (although some traders react and trade IJJP like it is taking small, incremental profits as the stock moves up); this is a multi-event, multi-day runner that will earn investors substantial profits over the course of time.
