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Everytime news comes out someone takes the opportunity

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Narcissistic Nostalgia  Member Profile
 
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Progressive Care Begins to Take Action to Combat Naked Short Sellers InvestorsHub NewsWire - 4/17/2018 9:54:50 AM
Progressive Care Reports 20% Increase in Year over Year Prescriptions Filled During March 2018 InvestorsHub NewsWire - 4/16/2018 5:20:35 PM
Progressive Care Releases Investor Presentation InvestorsHub NewsWire - 4/3/2018 9:42:04 AM
Progressive Care Enters Into Definitive Agreements to Purchase the Pharmacy in Palm Beach County MIAMI, April 2, 2018 (GLOBE InvestorsHub NewsWire - 4/2/2018 9:54:55 AM
Progressive Care Announces 2017 Annual Report Conference Call and Webcast with Investors on March 27, 2018 InvestorsHub NewsWire - 3/23/2018 12:28:46 PM
Progressive Care Releases Audited 2017 Annual Report InvestorsHub NewsWire - 3/22/2018 8:00:00 AM
Progressive Care to Present at The Wall Street Investor Forum 26th Annual Investor Conference InvestorsHub NewsWire - 3/16/2018 1:56:39 PM
Progressive Care Reports 18% Increase in Year over Year Prescriptions Filled During February 2018 InvestorsHub NewsWire - 3/16/2018 1:51:59 PM
SeeThruEquity Upgrades RXMD Price Target to $0.35 per Share InvestorsHub NewsWire - 3/9/2018 9:25:14 AM
StereoVision (SVSN) $420 million in Sales from $1,000 Acre Hemp Farm Lease InvestorsHub NewsWire - 3/6/2018 6:47:36 AM
Progressive Care Executes Letter of Intent to Purchase a Pharmacy in Palm Beach County InvestorsHub NewsWire - 3/2/2018 9:40:34 AM
Progressive Care to Accept Bitcoin for its Pharmacy Unit InvestorsHub NewsWire - 2/15/2018 10:27:52 AM
Vita Mobile (OTC Pink: VMSI) Develops Artificial Intelligence to work with Facebook, Twitter and Instagram InvestorsHub NewsWire - 2/15/2018 7:00:45 AM
Progressive Care Breaks Record with Over 23,000 Prescriptions Filled in January 2018 InvestorsHub NewsWire - 2/13/2018 9:03:01 AM
Progressive Care Engages Mass Ventures Corp for Digital and Technology Solutions InvestorsHub NewsWire - 1/25/2018 8:00:00 AM
Progressive Care Ends Agreement with Boustead Securities InvestorsHub NewsWire - 1/23/2018 11:17:39 AM
Progressive Care Releases Open Letter to Shareholders InvestorsHub NewsWire - 1/16/2018 11:54:30 AM
Progressive Care Continues to Break Records with Over $20 Million in Sales InvestorsHub NewsWire - 1/10/2018 12:11:11 PM
Progressive Care Reports Strong November Sales to Begin End of Year Rally InvestorsHub NewsWire - 12/15/2017 9:48:16 AM
Progressive Care Announces Uplist to OTCQB InvestorsHub NewsWire - 12/4/2017 11:16:25 AM
ANCE - RESTANCE Highlights Hugh Hefner and Playboy's Contribution To Fighting AIDS and Advocating Gay Rights InvestorsHub NewsWire - 12/1/2017 11:52:28 AM
Progressive Care Reports Stellar Third Quarter Results InvestorsHub NewsWire - 11/15/2017 8:30:00 AM
Progressive Care Announces Third Quarter Conference Call and Webcast with Investors on November 14, 2017 InvestorsHub NewsWire - 11/13/2017 9:34:28 AM
Narcissistic Nostalgia   Friday, 11/10/17 04:39:02 PM
Re: None
Post # of 86643 
Everytime news comes out someone takes the opportunity to lower the ask...People getting in at dirt cheap prices. That's cool.

What about dedicated longs? How are they rewarded? They see nothing but a decline in price. The newer traders think they get in at perfect prices. And either A) Get fed up and impatient and sell for a loss once they realize this isn't going to be a quick flip, or B) When the price does finally start to rise they flip for little gains, ultimately making it harder for the price to rise and gain traction.

It's frustrating as hell...

So, whenever I see buys like this, that's cool. It's good that more people are getting in. But when there are buys like this on a down day...It makes me think what's going to happen when this price does rise. Will the people who bought lower start flipping at ~.0175 or are they going to go long?

Not many people go long on penny stocks.

In the long run, this will more than likely turn out to be a success story. But short term it's so damn frustrating to see this kind of nonsense happen.


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