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Re: AlexSwiss post# 111485

Sunday, 08/27/2017 7:16:52 AM

Sunday, August 27, 2017 7:16:52 AM

Post# of 203913
No. What we are seeing is a settling down at around .28-.32 for now. Only news and lack of interest can change that. We know that there will be no blockbuster news before the end of the year and therefore, we likely won't see any lasting increases this year.

On the other hand, any day now, the .28 support will break. So far, .28 has survived due to wash trades, which can only last so long.

No need to buy this stock now. Little to gain, lot to lose by not waiting a few months.

99% of penny stocks are pump and dumps, yet 100% of penny stocks pretend to be in the 1%. Contracts, patents, mergers, partnerships, and other such news are usually "too good to be true" and should be looked at in detail. The source should also be vetted.