Friday, August 09, 2019 3:38:44 PM
As of late there is high trading volume but lackluster
price action.I have seen posts of a possible reverse
split at a price of 0.0125.I surmise that many have
built positions below this price and many more
investors/traders have losses at this price point.
I also think if the price goes up to these levels
this may generate profit taking further depressing
price levels again.This stock isn't currently
earnings driven so any price increase is speculation
or driven by hype as well if you look at some of the
posts.Unless something of significant happens it
may be a long wait time before anything happens.This is
just my opinion at this particular point in
time and does not construe a buy or sell in
SNMN stock.
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