Sunday, August 27, 2017 10:54:41 PM
1. From a flipper's perspective, the gap at .016 is like a weight on the back of investors. It is impossible to buy confidently until the gap fills
2. As for longs, the longs are real scared to buy and hold for a year because they know that the probability of a profit based on past history of the stock is close to 0. The longs are too scared to buy a stock that has gone through reverse splits that multiply to 500 million.
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.
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