I do not think you look hard enough. Tons of stocks move significantly off the ones, even with toxic debt and double the dilution. This is a 3 million dollar problem that needs to be fixed to get a 30 million valuation. I already put multiple people in touch with the situation including a company with 30 million looking for a new business, and people who do refi- outs with equity. So far nothing but everyone see the situation clearly here.
In one case I am following they decreased shares by 3-4 billion already and the stock was an 8 bagger, settled into 3-4 bagger but even with a crazy CEO that says he is going to photo copy his butt on the copier so non-believers can see it as he moves forward I bet it will go up. Same stock went up from .0001 to 6 cents.
These stocks are all pieces of carp, we all know that but when you take out the pump risk (they risk you are paying too much because someone pumped the stock) and you take out the market risk (you already assume its a longshot but it doesnt go down as the stock market goes down). You are left with a binary survive or die option.
In this case , the best one I have seen. Most of these stocks have little to no sales or even no products.
Like I stated only suitable for a small amount of high risk money, but I know a few people all they buy is no bid stocks and they do pretty well.
