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The bears are back, down 70% or 95%

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Ecomike Member Level  Wednesday, 12/26/18 01:11:25 PM
Re: PennyStockTrader2 post# 1972
Post # of 1992 
The bears are back, down 70% or 95% from the ask to the low of the day. Somebody got some bargains today. 1/4 mil share dump, tax loss/estate liquidation, all in one trade. Maybe even margin call on other stuff liquidated the account...

At the .002 low today and just under 10 mil shares in the float...

10,000,000 x .002 = $20,000 value for the entire float. That is just nuts.

They had $500,000 in Venodol Inventory (10-Q), 95% of which had not even been reported as revenue yet, this year, and Walmart selling the product.

Toxic MM AEXG is on the best bid at .0004 now and on the ask at .015

That spread looks like the grand canyon now. I doubt this sell was convertible debt with the 10-Q being so late? The book value of the Celtic Biotech subsidiary was $3 Million dollars. The CEO and prior CEO combined owned the other 20 Mil shares.

Market cap at .0020 is $60,000



All of my posts are strictly opinions and should not be considered to be facts, or investment advise. They are for entertainment purposes only.
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