Tuesday, May 03, 2016 10:39:59 AM
I think that will be the challenge (and thus my view that the stock will likely sit around this level). Given there is no immediate catalyst, and given anyone considering buying a few weeks ago is now likely hoping to see the 0.015 level again, they will likely hold off.
I can't see what would make a buyer push their bid at this stage. I hope I am wrong but I would be surprised to see this move much from the .018-.022 range. ie 60-100k would move it to 0.04 very quickly, but that's assuming someone wants the stock NOW and won't just chip away...and there's no reason to want it NOW...
There really isn't much depth on the ask, so a big buyer or someone REALLY wanting shares could easily move this, however, I see the probability of both of those situations low at this stage.
ASK
----------------
BKRT 0.02 10000 09:37
NITE 0.022 10000 09:37
CANT 0.024 40000 09:30
CSTI 0.03 10000 08:30
ATDF 0.04 145000 09:39
VNDM 0.05 10000 05/02
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