Saturday, September 02, 2017 5:40:38 AM
What's false is the notion that they have been trading sideways forever. Take a good look at the chart. they have been going down and down for a while now. There is nothing sideways about trading at 1.30 on 1/22/17, .85 on 3/1/17, .66 on 4/11/17, .5432 on 5/25/17, .47 on 6/20/17, then closing at .34 today. This is a slow bleed that is still unraveling.
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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