American Diversified Holdings Inc (ADHC)

[goldpenny7]

ADHC was so close to cracking the 220 mil Low Float (a/o Jul 31, 2016) wide open. I mean how often does one see a pink sheet stock with a tiny 1 billion authorized shares.

BUT, during the 18 trading days since 02/24/2017 -- on 16 of those days - SELLS outnumbered BUYS - some days by a lot. Last Fridays closing had 60.7% SELLS Vs. 39.3% BUYS.

I know you don't want to see that folks. I don't either. It's just a 'head's up' that maybe you may want to accumulate in the inevitable teens, vice in the .002's - unless this trend reverses. It seems to me to be a far better strategy.

My guess is (imo) it is the company that is dumping/diluting this stock. That accounts for all the quick 'jerking moves' ups and downs in the asking price. The spread (Offer Vs. Bid) has also looked rather large during that period.

I have no doubt ADHC will eventually shoot up, after the company stops diluting (IMO). But likely that won't happen till it trades in the teens again for a few weeks. Trading in the 2's is way too tempting for the company to sell their shares.