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Sunday, January 05, 2020 12:09:05 PM
The price is definitely in the penny range, and as such now open to the daily sub-penny fluctuations.
As is common knowledge with those investing in such companies, the money is made when a ticker goes from .0001 to .0002 on heavy volume. 100% trades are excellent. And also common knowledge and obvious is it does NOT matter what the company 'makes'. It could be marijuana fruit juice or a car that runs on shrimp shit... they ALL share the same trading tactics.
Now, vyst does have a product(s), true, one that is not profitable and most likely never will be but in this trading range, there is money to be made.
Baring some miracle that news comes out showing real REVENUE, this crap will continue to trade like it has for YEARS ( I know, been here for years watching the turd slowly swirl in the bowl) BUT, setting emotions aside, setting the doom-and-gloom aside, the hype so many put out... there IS money to be made here.
For me, .005- .008 are points of entry to flip. However, if the mindless tweets resume and the sec filings show greater dilution and loss, then those numbers change to .0005-.0008, with exit points of 70% to 100% gains. But if volume is heavy but percentage ranges narrow, then 30% -45% gains would be okay too.
This company has over a billion shares out there, no positive revenue offset by expenses. And the talk of their latex taking the retail market by storm is not there and has not been there for YEARS.
So, this vyst could just as well have any ticker symbol and still remain the same. But there is money to be made, at least that is what my greed radar tells me.
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