Last week when BMIC went to .0236 and stayed there Thurs & Fri, I was beginning to see the light at the end of the tunnel. I thought (hoped) they finally exhausted their share inventory.
If volume maintained, I believed, we could rid ourselves of VNDM by today, maybe tomorrow.
But, BMIC returned yesterday and the same ole same ole trading returned. The only ones we can count on trading "normally" are retail when they're on the Ask.
If this continues, we will see a lot more of them [retail] soon on the Ask.
If it's frustrating for us, imagine for a "short-term" investor. And there were a lot of those that bought a lot of .0001s. Soon, many will be satisfied to just break even and get out.
With the Nov elections around the corner, many will want $$$ to start investing in MJ tickers since there are a couple MJ state propositions.
Grabbed another 20mil today, my average finally reached .0006 ... so now I'm holding [tight] 2 large bags.
