Anyone here long enough will remember the time when this stock was trading between .04 - .06. Usually in the middle at .055 ish.
Now volume at that time was low with some high volume days when the stock would push to the .06 or .04 just to go back down/up to the .05 again.
I think the same thing is happening here but trading at a lower range, much lower, .024 pre split price. Not surprising having gone through a R/S, and mediocre at best Q1 revs imo.
So when you see people say this is a great buying opportunity, being that we're close to the all time low of .27 or pre split, .018, I think it's not that far fetched.
When the o/s was locked and dilution stopped this thing did go parabolic. I know a lot of things could happen that can drop the pps even further but most of those scenarios have already occurred and the price has not dropped significantly and definitely not back to the .27 level.
Q2 -Q4 numbers could be just the thing that makes this go parabolic again. It could happen every quarter just to be diluted back to .36
There's money to be made here but I'll tell you from experience that you should probably flip it.
