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Re: mikes302 post# 56119

Wednesday, 04/08/2020 3:41:13 PM

Wednesday, April 08, 2020 3:41:13 PM

Post# of 79252
I've been watching this stock closely for about 2 years. I was trading it when it went from 01 to 06. Could not believe it kept going up.

The recent price of .01 that held for so long, I didn't buy any. The market cap was like 50 million +. I knew that was way too high, and did not understand why or how the market cap could be that high. I think it had something to do with the LVVV shares. I posted on here a few times that the market cap was too high and it had to come down. So now I've been buying because now the market cap is under 10 million. Actually I was hoping to see 2-3 million market cap before going up, which would be a price of .006 or so. But maybe it's that theres more long term investors in here than most penny stocks? I don't know. But the market cap can't go much lower IMO. If the price does drop to .007 or under, I think it will only be for that one day then will not go lower, unless, of course, the company needs to issue lots more shares then we might not hold any gains.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y