Agree it is going to take some serious buys to move the flippers from bid sitting to flipping for 10-15% gains. I can not blame them. I personally have too many .004 shares! This stock is ugly. The only thing that will change that is IF mgmt will announce something positive. This stock is in trader's hands. Dilution at this point is not killing it, the flippers are! They are making money, by purchasing on the .0022-.0024 bids, and selling at .0025-.0027. They are making money and I can not blame them. However with 20m in volume and no news, lets face it, longs are screwed until mgmt gives us something positive. Holding and hoping. I really thought last week once we got to .005, we were golden, and then the wall at .0054 killed us. Now there are so many obsticles just to get back to .004 IMO. L2 is heavy on the ask, and plenty of sellers wanting to make only 20-30% gains and kill any momo. We need a 50m day, with heavy action on the ask. These folks getting filled on the bid, good for them. However if/when we run, we are going to have to move them out of the way. Last week, we saw some HUGE buying pressure, only followed up with dumping and stop-losses kicking in. To get us back here to .002's. Very pathetic. I would think IF mgmt had something they would send it our way. This is no pump and dump...because there has been NO PUMPING at all. Only sitting here holding my shares. Best to all here. Waiting for news....if this company is capable of giving a positive update.
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