NRTI now needs to get through the day traders who picked up the .0024-.0026s, as we can see one sold about 1.5 million towards the close.
This is expected, but a new base is forming at .003, as per Wed, Thur, Friday and today. There will always be someone who sells into the bid, and the MM's love them.
Anyhow, NRTI has had 2 very good days and should continue to rise. Still not too much attention (retail investors) as of yet. Inevitable news will continue to be released and over time will have a very positive impact. No one knows how many shares are still for sale. There may be millions and there may be very few. Since we do not know, that is the risk. But based on the numbers of shares sold over the last month we can only speculate.
Since the only tool I have is the data on trades, it appears to me the bulk of the selling in the last week was retail panic and now day traders' profits. Traders taking their 20-30% profits from last week. Because of the panic selling do not expect NRTI to go back to .005 real fast, we have to absorb all the day traders buys from last week 1st. But, at 4 million shares per day that should not take too long, a week at best. And of course that all depends on news too, it could be one day. We shall see as news develops, and new investors come in. GLTA
