fair enough jc... but understand that this stock isn't going to see .02 or lower... for that to happen, majority of the XKEM longs who bought at .01 would have to sell all of their stock, and then you have to hope that those shares do not get bought. Basically, since XKEM has no *real* value yet, only implied value, it is still a shell play... by that I mean that it is a stock that will go up or down based on how much money is in the pot and not based on financials (ie: zero sum game).
Chassman dumping her shares was very drastic because she got her shares for virtually nothing, so she was basically just taking money out of the pot. Thats all this is, if you believe that most of the shares out there in the hands of shareholders were purchased at .01, then you have every right to expect this to go back there. But if you believe that there were many people that bought all the way up to the run of .11 (doesn't matter if they sold for a loss, their dead money remains in the pot) then you're wrong to assume it'll go back to .01.
I don't know much about MM manipulation having much of an effect on this stock right now, and I never believed there was much of that manipulation going on. Chassman, people moving onto other stocks, weak longs... those were the reasons for this stock being where it is... to sell now is to basically say "well I believe that there are still a lot of .01 shares out there that want to take their 3 bagger and walk away", or "chassman still has a lot of shares left to be dumped"... If you believe those things, you have a point, and you should probably sell...
I personally believe that the .01 shares out there have been offsetted by the .06's, 0.07's, .08's, the dead money's that bailed for a loss etc. ... I hope they eventually buyback chassmans shares because that was pure dilution. We're at where we're at now and I don't see us going lower than .026...
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