FYI, for those interested in keeping score:
Since the big crash that occurred during the 4/8-4/10 sessions where 12.5M shares representing just about $1M got dumped over 3 days cratering the sp down to historic lows in the .06x levels, only 8.1M shares have traded in the month and a half since, accounting for only $740k.
Here is the breakout of the trading since the crash:
Approx 4.64M shares @ the .08x levels
Approx 1.96M shares @ the .09x levels
Approx 1.53M shares @ the .10x levels
For reference purposes, the 12.5M shares that got dumped during the big crash, here is the breakout:
Approx 0.79M shares @ the .06x levels
Approx 4.25M shares @ the .07x levels
Approx 4.52M shares @ the .08x levels
Approx 1.50M shares @ the .09x levels
Approx 1.50M shares @ the .10x levels
So what does this mean?
IMO, this means that we need a MAJOR catalyst in order to bring in buying interest that will be sufficient enough to absorb the profit-taking that will occur when all these .07x and .08x shares get flipped. Otherwise, we will hit a wall at the .10-.11 levels and retrace back to the .08x-.09x levels we are currently at until the rest of these cheaper shares get flushed thru.
I had opined previously that I believed that all the .06x shares that were intended to be flipped have flushed thru already and I still believe that. It is also my belief that approx half of the .07x shares have also flushed thru as of today, and that hardly any of the .08x have flushed thru.
...oh, and none of the above even takes into consideration the 28M shares of 0.00 and 0.05 PIPE stock that SCRC doled out to its resident homophobic criminal JOSEPH ZAMPETTI and his fellow CORE con artists, who even after the historic crash, still are at the front of the line with the cheapest stock SCRC has ever issued...
...all in all, that's a $#!+load of overhang, folks, and there's no way to spin that... ...of course, the one good thing about this current situation is that once the sp begins rising out of the .08x levels, that other LEGITIMATE retail shareholders will now be part of the group selling at the .09x-.11x levels, as opposed to all the other countless times in the past couple of years where only the criminal CORE group had shares that were priced to sell this low...
