Yeah, accumulation is still topped out. After the little Tadek blip we popped right back up there. This stock is locked up. Any significant demand and it takes off.
Just depends on how tightly the longs hold on. I'm pretty sure there was some flipping going on today. But that is to be expected as Tadek drove it down to .0061. Those that caught those cheapies were possibly profit taking.
But if there is any REAL volume, the flippers will get blown through. The float is locked up here. And I think the longs here are smart enough to not drive the price down as it rises.
Perhaps in the next few months we can see some real gains here.
I am a little concerned about the billion O/S, but I have seen higher O/S move substantially before. More contracts and sales figures. That is what we need!
I still think anything at or below a penny is a deal!
Can't wait for next news release. Be great if it were the "Unspecified" Hospital!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.