South Beach Spirits Inc (SBES)

[bigboard]

It has formed base in 0.006-0.008 range - Last 4 days of trading..
watch for bounce to 0.009 next week
Oversold technically
Also volume is very low..
it will bounce to mid-range from here -0.009-0.01
Then if there is no news will go down back to retest 0.006
However I don't see any fall further short term
Based on technicals

Also I see Level2 - few shorts are trying to paint the bid down !
That's sign of bottom

There shorts trying hard..
but after such steep drop most longs may not sell at these levels