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Re: i_like_bb_stock post# 16033

Monday, 04/20/2020 4:31:54 PM

Monday, April 20, 2020 4:31:54 PM

Post# of 63074
Well, the stock fell to .019-.02 and it only took not even one full trading day from when we talked about it on Friday. Not sure why some here thought it may hold higher?????? That I have to say was very bewildering to me.

Just very predictable when the PR did not live up to expectations and coming off a 50% run up before that. Every stock would have fallen in that scenario so I don't blame PASO specifically. It is just how the market operates.

That being said, the stock did bounce off of the 02 main support area today very well and there is the divi PR this week that should bring in some buying as people love to buy that type of story.

So I could see it heading back to the mid to high 2s based on that, and after that depends on what PASO does or does not say regarding the divi and then the merger later on.