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Re: None

Wednesday, 02/12/2020 11:56:50 AM

Wednesday, February 12, 2020 11:56:50 AM

Post# of 79252
The only reason people are still selling after the initial dump is fear. Yes the market cap is kinda high, but someone dumps a lot of APRU shares just this way every few months, and it usually recovers immediately after. Many times the stock price has been around .01 and there has been a big share dump like a market order that fills all the way down to .004 or .005. I was actually waiting for this. It's on the day of good news so I imagine it's someone who saw the stock wasn't getting bought up so they bailed. 4 million shares might seem like a lot, but it really isn't. When market makers come to a stock, you see 30-50 million volume days. Now the price is cut in half, it will get bought up at least temporarily, but there is more chance now with the news AND price drop that it will attract the MM's to run it up, and they can easily take it over .02 again if they want. But if they don't show up, I still expect for this to recover to .008-.009 before end of the week.