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Re: stocksmanjr post# 55349

Friday, 03/20/2020 11:28:18 AM

Friday, March 20, 2020 11:28:18 AM

Post# of 79217
I agree, but all the selling wasn't spiteful. It's not coincidence that 95% of OTC stocks have hit new lows or reached previous 1 and 2 year lows. Of course APRU would decline from .01 - the market cap was WAY too high relative to their revenues and other stocks. The current market cap of ~6 million is about right for the current market, for buying. This will correct upward naturally without any additional news from the company. Can't say how the economy will be in the weeks to come, but it'll probably be bad and the market may go down again, and I anticipate 95% of stocks to experience much more selling than buying again including APRU. But for now a lot of stocks are rebounding, and APRU is very low priced.