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Tuesday, March 31, 2015 2:29:28 PM
Based on todays trading it took 244 million shares for a 100% gain. which is in line with the 390 million float number when you account that some folks are holding shares and not just buying at .0001 and putting up sells at .0002.
Furthermore it will take another approx. 390 million shares (the entire float) for another 100% gain. Which will be from .0002 to .0004. Which seems inline with what level II is showing us, i.e. there are 140 million shares at .0002 and probably even less .0003s.
If the float was 2.7 billion than it would take 2.7 billion shares just to get to .0002 and another 2.7 billion to get to .0004 which is not the case.
This is a dormant ticker coming to life and shares are being bought up. Its just a matter of churning thru the flippers and getting this into people who will hold the stock that will cause it to drive up.
Looking at todays volume we should break out of the .0002s quickly.
cheers,
moe.
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