Phoenix Apps, Inc. (PXPP)

[Big Brother]

Not too concerned about it yet, looks to me like the typical tier 1 type promo setup on a new issue, where you have a few days of a 'loading phase', where the stock trades sideways, but the volume increases exponentially. You got to get some shares into the market first, as a buddy told me years ago, you don't sail a cargo ship, until the boat is loaded.

03/01/2019-- 0.58-- 0.58-- 0.47-- 0.55-- 206,686
02/28/2019-- 0.97-- 0.97-- 0.52-- 0.58-- 182,760
02/27/2019-- 0.54-- 0.57-- 0.51-- 0.53-- 120,500

It's only been 3 days, I'd say if it doesn't start heading North by Day 5 - 7, or worse it starts getting dumped down consistently below the starting price of .51, then it may be time to bail out.