Singlepoint Inc (SING)

[WiseTrader55]

Anyone selling down at this level had to have received shares from the company below .01.

Long-term bag-holders...me included...are waiting for the inevitable (?) rally to recoup some of our losses.

The BIG question is how many of those "currency shares" issued around .002-.005 that were used by the company as payment for acquisitions and payments to vendors are still left to be sold.

I do not see any let-up right now as those shares continue to be dumped at a level and volume that does not cause the price to drop suddenly. It has been a slow, steady drop as a consistent amount of shares are being sold by MM PAUL and others. It's like a slow leak in a pipeline....

Predicting the bottom is fruitless. That will be determined by those selling. If you received 10 mil shares at .003....selling at .01 still reaps a huge profit.