The possibility of a double zero share price is just that -- a possibility. It's not that rare in pinky stock land.
Meanwhile, after the SEC complaint was filed, the largest volume day in more than a year occurred. After that, a period of roughly four months of narrow pricing.
My thought was, I'm looking at a base forming. When will the front loading begin?
That base represents a good deal of accumulation to the tune of millions of shares. Some of the decline is due to retail accounts simply throwing in the towel.
The Nasdaq's third tier, the AMEX can be just as bad, and last but not least, the OTC, it seems, are financial venues that reward failure.