Progressive Care Inc (RXMD)

[sawtrader]

The issue here is that there is a lot more shares to be sold by xxx. The mm knows that and they are playing it well in their favor at near 0.0276 to 0.0305. Buyers have been burned the last 4 months, either at breakeven or at a 10-20% loss on their short term cash they put into this GREAT story of 1+m revenue each month.
New buyers may dip their toes if they see some buying, but they too will stay away with this low volume buying, and the mm orchestrated 100- 1000 or 5000 shares hits at the ASK.
If the mm sees that the seller has ended their need to dump, then the mm will be forced to go higher. Buyers can then be at ease to put cash in even if its Christmas time.